In the global business environment, small businesses are becoming more entrepreneurial while larger organizations are "shying" away from entrepreneurial processes.

a. True

b. False

Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2019, for $475,000. On December 12, 2019, Kevin purchases an additional 750 shares of Bluebird stock for $332,500.

Martin Campbell wants to invest in mutual funds. He plans to retire in 2030. He would like the fund to adjust it's portfolio to more conservative as he nears retirement. Which type of fund would you recommend

Megginson, Inc. issued a five-year corporate bond of $300,000 with a 5% interest rate for $290,000. What effect would the bond issuance have on Megginson, Inc.'s accounting equation

Boeing announces it will increase population of its 737 jetliners at its Renton, Washington factory from the current 42 per month to 52 per month in 2018. This is a ___ decision

The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320); imports ($35); exports ($22); personal consumption expenditures ($2,460); and, government purchases ($470).

Commercial paper is very popular with many firms because Multiple Choice it can usually be issued below the prime rate. there are no required lines of credit at the bank. it satisfies the firm's need for long-term funds.

Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.?

The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 6,100 direct labor-hours will be required in May. The variable overhead rate is $8.50 per direct labor-hour.

Trinidad Schwab is an employee at the Kyletown Fire Department. He received the following benefits from his employer during 2019 for company purposes: On-site housing: $385 per month Employer-provided cell phone: $95 per month Meals: $190 per month

Presented below is information related to Crane Corp. for the year 2020. Net sales $1,040,000 Write-off of inventory due to obsolescence $64,000 Cost of goods sold 624,000 Depreciation expense omitted by accident in 2019 44,000 Selling expenses