The best place in a SWOT analysis to identify problems with hurricanes, earthquakes, major snowfalls, and other natural phenomena is ________.

A. internal opportunities
B. external threats
C. external opportunities
D. internal weaknesses
E. internal strengths


Answer: B

Business

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Which of the following statements is a disadvantage of a joint venture?

A. The local retailer is at freedom to choose which laws they adhere to. B. The entering retailer must bear all the loss. C. Only the local retailer is exempted from trade laws. D. Government places restrictions on the repatriation of profits. E. Only the local retailer is exempted from trade tax.

Business

Each entry in a special journal is posted individually to the general ledger

Indicate whether the statement is true or false

Business

Washington Company's balance sheet as of December 31, Year 1 is provided below:Washington CompanyBalance SheetDecember 31, Year 1Assets?  Cash$ 25,000  Accounts receivable  40,000  Inventory  45,000  Plant and equipment, net of depreciation  290,000Total assets$ 400,000??Liabilities and stockholders' equity?  Accounts payable$ 50,000  Notes payable  40,000  Capital stock, no par  200,000  Retained earnings  110,000Total liabilities and stockholders' equity$ 400,000In anticipation of preparing the operating budget for the upcoming period, the firm's accountant has gathered the following information:(a) Sales are budgeted at $320,000 for January Year 2. Of these sales, half will be cash sales and half will be credit

sales. Eighty percent of the credit sales are collected in the month of sale and the remainder is collected in the next month. Therefore, all of the December 31 receivables will be collected in January.(b) Inventory purchases are expected to total $200,000 during January, all on account. Sixty percent of all purchases are paid for in the month of purchase and the remainder is paid in the following month. Therefore, all of the December 31 accounts payable will be paid during January. The inventory account is expected to have a $40,000 balance at January 31, Year 2.(c) Selling and administrative expenses for January are budgeted at $100,000 (exclusive of depreciation). S&A expenses are paid in cash. Depreciation is budgeted at $3,000 for the month.(d) The notes payable will be paid in April. There is no cash outflow related to the note in January.The sales manager wishes to purchase a new display case for the showroom during January if sufficient funds are available. The equipment has a cost of $9,000. Required:Can the company afford to purchase the display equipment without additional borrowing? Prepare a cash budget for January Year 2 to support your answer. Be sure to show your computations. What will be an ideal response?

Business

Advertising, direct marketing, personal selling, and public relations are all tools within the ________ element of the marketing mix

A) product B) promotion C) publicity D) people E) process

Business