The gross profit percentage is an indicator of how well a company is positioned to pay off its short-term liabilities

Indicate whether the statement is true or false


FALSE

Business

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The three forms of business entities are:

a. Government, cooperatives, and philanthropic organizations b. Financing, investing, and operating c. Sole proprietorships, partnerships, and corporations d. Wholesaler, manufacturer, and retailer

Business

Cam believes arriving to work 15 min early is extremely important to his work ethic. What value is Cam exercising?

A. budget skills B. creativity C. avoidance D. responsibility

Business

The difference between an inter vivos gift and a gift causa mortis is that the inter vivos gift is made during the donor's lifetime and a gift causa mortis is a gift is made after the donor's lifetime by the donor's estate

a. True b. False Indicate whether the statement is true or false

Business

Gourmet Farms is a maker of fine chocolates. The company's latest product, Fudge-Dipped Strawberries, is the premier product in its Fudge-Dipped line. The product is very expensive and targeted to upscale consumers. Which form of distribution would Gourmet Farms be likely to use for its new product?

A. Intensive B. Selective C. Targeted D. Exclusive E. Premier

Business