The real owner cannot reclaim goods from a good faith purchaser
Indicate whether the statement is true or false
TRUE
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A company's balance sheet shows: cash $24,000, accounts receivable $30,000, equipment $50,000, and equity $72,000. What is the amount of liabilities?
A. $76,000. B. $68,000. C. $104,000. D. $176,000. E. $32,000.
Which of the following is the best topic a salesperson can use to break the ice when talking with a prospect?
A) local sports teams B) product features C) shared interests D) current politics E) religion
Which of the following forms of organization is a compromise between starting one's own business as an entrepreneur and working for someone else as an employee?
a. Limited liability company. b. Business trust. c. Close corporation. d. Franchise.
A corporation has concluded that its financial risk premium is too high. In order to decrease this, the firm can ________
A) increase the proportion of long-term debt to decrease the cost of capital B) increase the proportion of short-term debt to decrease the cost of capital C) decrease the proportion of common stock equity to decrease financial risk D) increase the proportion of common stock equity to decrease financial risk