Which Founding Father is considered one of history’sgreatest entrepreneurs?

a. Thomas Jefferson
b. Benjamin Franklin
c. George Washington
d. Alexander Hamilton


b. Benjamin Franklin

Business

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Compare the traditional one-to-many marketing communication model to the updated many-to-many communication model. What has caused the shift? What are the advantages and disadvantages of the new model for marketers?

What will be an ideal response?

Business

The income statement columns in the worksheet show that debits are equal to $55,800 and credits are $62,705. What does this information mean to the accountant?

A) Net income of $6,905 B) Net loss of $6,905 C) The accounts are out of balance, indicating an error has been made. D) The accounts have not been updated.

Business

The SBA makes special efforts to:

a. send SCORE personnel to colleges b. raise money for small businesses c. assist minorities to start a small business d. hand deliver all publications to potential small business owners e. encourage teens to become involved in providing assistance to small businesses

Business

The following data pertain to Laramie Enterprises:   Variable manufacturing cost$60 Variable selling and administrative cost 10 Applied fixed manufacturing cost 30 Allocated fixed selling and administrative cost 5 What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 60%?

A. $280. B. $175. C. $63. D. $168. E. None of the answers is correct.

Business