What type of products may have cyclical sales due to changing tastes and lifestyles?

a. assortment merchandise
b. fashion merchandise
c. staple merchandise
d. fad merchandise


b

Business

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Debt service coverage ratio

a. Interest expense b. Income tax expense c. Cash flow from operations before interest and tax payments d. Cash paid for acquisitions e. Cash flow from operations f. Total dividends paid g. Interest payments h. Principal payments on debt

Business

An openness to diversity along with an ability to pull ideas together across boundaries created by that diversity are the foundation of a __________________.

Fill in the blank(s) with the appropriate word(s).

Business

The costs of initially producing an intermediate product should be considered in deciding whether to further process a product, even though the costs will not change, regardless of the decision

Indicate whether the statement is true or false

Business

Jovi's Corner, a toy store, abruptly closes down after the death of its owner. Without an heir or an experienced person to manage the store, Jovi's Corner is shut down, and the property is sold off to another party. The profits are donated to an orphanage. In the given scenario, Jovi's Corner is most likely an example of a _____.

A. limited liability company B. corporation C. limited partnership D. sole proprietorship

Business