The homogeneity of natural materials limits the amount of demand-creation activity that producers undertake

Indicate whether the statement is true or false


TRUE

Business

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Under the allowance method, when a year-end adjustment is made for estimated uncollectible accounts,

A) total assets decrease. B) liabilities increase. C) total assets are unchanged. D) net income is unchanged.

Business

How might alignment issues cause a negative reaction to change?

a. Everyone’s reactions to the change are not aligned b. Change leader asks you to do something incongruent with what existing structures and systems tell you to do c. The change is not widespread enough through the organization d. The communication coming from the change leaders may be contradictory

Business

Cindy wants $2.5 million for her retirement at age 65. Cindy is 25 years old today and plans to deposit equal

amounts each year starting on her 26th birthday and ending on her 65th birthday. If her investments earn 6% per year, how much must each deposit be?

Business

Which of the following organizations would be considered a small business?

a. a producer of computer chips with 700 employees b. a retail clothing store with annual sales exceeding $25 million c. a whole beer distributor with 600 employees d. a basket manufacturer with 200 employees e. a construction company with annual sales of $8 million

Business