The most common _____ is a joint venture, which occurs when two existing companies collaborate to form a third company.
a. strategic alliance
b. licensing agreement
c. business acquisition
d. franchising agreement
Answer: D) strategic alliance
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The store location of a coffee shop in a hotel lobby can best be described as _____
a. overstored b. understored c. parasite d. saturated
Which of the following statements best describes the disclosure of a company's deferred tax assets and liabilities?
A. All deferred tax assets and liabilities are treated as noncurrent and can be netted on the balance sheet only if they arise in the same tax jurisdiction. B. Current deferred tax assets and liabilities and noncurrent deferred tax assets and liabilities can always be netted on the balance sheet. C. Deferred tax assets and liabilities must be separately disclosed in the balance sheet. D. All deferred tax assets and liabilities are treated as noncurrent and can be netted and disclosed as one aggregate amount on the balance sheet.
A portion of the payroll taxes is paid by workers and matched by their employers. In 2017, workers and their employers each paid __________ percent on every dollar of salary or wages paid.
A. 1.15 B. 1.30 C. 1.45 D. 1.60
Assume that there were initially 10 people not in the training program (State A) and 60 people who were in the training program (State C). Approximately how many people will be employed?
A) 10 B) 15 C) 40 D) 55 E) 60