The passive investment income of an S corporation includes gains from the sale of securities.
Answer the following statement true (T) or false (F)
True
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Read the information for Bevco Corporation. What are Bevco' current assets?
a. $ 100,000 b. $ 165,000 c. $ 210,000 d. $ 240,000
This question contains two parts; be sure to answer both. First, define the concept of media richness, explaining which forms of media are richer, which are less rich, and why. Next, suppose that you manage a local branch of the U.S. Post Office. You need to communicate three key pieces of information: (a) an annual performance appraisal for each of the employees at the branch, (2) an update regarding the sales of commemorative stamps to a regional manager, and (3) information regarding postage rate increases to the general public. Which type of media would you use for each of these three pieces of information?
What will be an ideal response?
When someone states, “I don’t have money to start a business,” what fact might one consider?
a. Most businesses start without any formal investment. b. This is a valid reason for not starting a business. c. Formal investment will be needed to make a successful company. d. People who have no money cannot start a business.
The reason many small business managers lack expertise is that they are
a. optimists. b. specialists. c. subordinates. d. generalists.