The most important reason to understand what segments & niches of your industry are the subject of venture activity is:

a. It greatly increases the chances of you raising money if needed
b. It can give you an insight into what other companies are doing
c. You can recognize customer trends and desires
d. You can find competition you previously didn’t know of


a. It greatly increases the chances of you raising money if needed

Business

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Product costs for a manufacturing company consist of direct materials, direct labor, and overhead

Indicate whether the statement is true or false

Business

A business pays cash for dividends. Which of the following accounts is credited?

A) Common Stock B) Dividends C) Cash D) Accounts Payable

Business

Bill lends Harvey $1,500 and the loan is secured by Harvey's furniture. If Bill files a financing statement on January 30, 2012 how long will it be effective?

a. Until July 30, 2012. b. Until January 30, 2017. c. Until January 30, 2032 d. For 30 days.

Business

As the real value of the dollar rises, the balance on the current account is likely to ________

A) increase B) decrease C) stay the same D) move with the capital account adjustments factor

Business