The sales and profits of an individual brand always follow the life-cycle pattern.

Answer the following statement true (T) or false (F)


False

The sales and profits of an individual brand may not, and often do not, follow the life-cycle pattern.

Business

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Which of the following statements is correct regarding partnerships?

A) Accounting for a partnership is similar to accounting for a corporation. B) If the partnership assumes a liability related to an asset invested in the partnership, the partner's capital account is credited and a liability account is debited. C) It is necessary to maintain separate Capital and Withdrawals accounts for each partner. D) All of these choices.

Business

Ironwood Company has just started operations. The company sold 5,000 shares of common stock to investors for $10,000 to get the business started. The company has made several sales on account, but has not yet collected any cash from these sales. At this

point, Ironwood's cash flows for expenses are exceeding its cash flows from revenues. How might Ironwood make up the difference so it can maintain its liquidity?

Business

What form of mental self-regulation exercise is an important stress reducer and offered as an employee benefit by companies like Google and Apple?

a. self-talk b. therapy c. personal goal setting d. meditation

Business

Wayne and Sarah are trying to manage the risk they face in life a best as they can. They are following Principle 7 which states

A) the best protection is knowledge. B) protect yourself against major catastrophes. C) nothing happens without a plan. D) diversification reduces risk. E) the best insurance is prevention.

Business