Real capital refers to the money used to facilitate a business enterprise
Indicate whether the statement is true or false
FALSE
Explanation: Real capital refers to the physical facilities, such as a manufacturing plant, used to produce goods and services. The money used to facilitate a business' operations is referred to as financial capital.
You might also like to view...
Which of the following is not considered deceptive by the FTC in regards to advertising?
A) Statements that have the potential to mislead reasonable customers B) A money back guarantee C) Implying claims without actually making them D) Omitting important information that might shape the purchase decision E) An untrue statement
The LMX Dilemma ______.
a. refers to the conflicts between tangible and intangible exchanges b. refers to imbalanced in-person and out-person group membership c. refers to the problems that a group can face as a result of out-group membership d. occurs when there is only in-group membership in a team or group
List the four sources of sales training
What will be an ideal response?
A company purchased equipment for use in the business at a cost of $14,500, one-fifth was paid in cash, and the company signed a note for the balance. The journal entry to record this transaction will include a:
A. debit to Equipment of $2900. B. debit to Cash of $14,500. C. credit to Notes Payable of $11,600. D. debit to Notes Payable of $11,600.