On-demand service companies collect a fee from both sellers and buyers who use the platform.
Answer the following statement true (T) or false (F)
True
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All of the following statements are true regarding ratios and forecasts except:
a. Ratios cannot confirm whether forecast assumptions will turn out to be correct. b. Ratios can tell whether future sales growth was accurately captured. c. Ratios cannot tell whether assumptions about future cash flows are realistic. d. Ratios can tell whether growth rates for sales are consistent with past sales growth performance.
The local cheese vendor offers to sell Taco Loco 200 pounds of cheese for these three products. Taco Loco should:
A) refuse to buy any cheese. B) buy less than 80 pounds of cheese for $1.45 per pound. C) buy 46 pounds or less of cheese for $1.45 or less. D) buy at least 126 pounds of cheese for $5.33 or less.
An example of an unconscious bias is that managers
A. take less credit than they deserve. B. think they are immune to conflicts of interest. C. act only in an ethical manner. D. hire people who are unlike them, since opposites attract. E. take blame themselves instead of blaming others.
Which of the following categories of people is most likely to step into entrepreneurship?
A. People who have minimal knowledge about the use of technology B. People who have trouble being subordinates because of their personalities C. People who are skeptical about taking financial risks D. People who lack the characteristic of self-reliance