A _ functions much like a sole proprietorship but responsibilities are shared between two or more people.

Select the best answer from the choices provided.

A. sole proprietorship

B. partnership

C.

corporation

D. cooperative

You plan to deposit $100 per week into a fund that pays interest of 6% per year, compounded quarterly. Identify the interest period, compounding period, and the number of times interest is compounded per interest period.

22. Analysts who follow Howe Industries recently noted that, relative to the previous year, the company's net cash provided from operations increased, yet cash as reported on the balance sheet decreased.

Holiday Tours (HT) has an employment contract with its newly hired CEO. The contract requires a lump sumpayment of $10.4 million be paid to the CEO upon the successful completion of her first three years of service.

If a store sells a good at the market price, even though the government authorities have set the minimum price that can be charged, the store is selling the good in a (n) : black market for a market price that is higher.

Oranges cost Chris $2 per pound, and she has $10.00 that she could possibly spend on oranges or other items. If she feels that the first pound of oranges is worth $2.50, the second pound is worth $2.25, the third pound is worth $1.

Which of the following is NOT a basic assumption of perfect competition? A. Production is characterized by significant economies of scale. B. There is free entry and exit from the market. C. All firms produce identical, or nearly identical, products.

Birds Unlimited has an accounts payable period of 60 days. The firm has expected sales of $17,800, $22,100, $24,400 and $28,800, respectively, by quarter for the next calendar year.

During year 2, Rand Co. purchased $960,000 of inventory. The cost of goods sold for year 2 was $900,000, and the ending inventory at December 31, year 2, was $180,000. What was the inventory turnover for year 2? a. 6.4b. 6.0c. 5.3d. 5.0

Mace Auto Parts Company sells to retail auto supply stores on credit terms of "net 60". Annual credit sales are $300 million (spread evenly throughout the year) and its accounts average 28 days overdue. The firm's variable cost ratio is 0.75 (i. e.

What type of leadership is primarily concerned with leaders' interactions with their subordinates and is aimed at enhancing the creation of a positive, nurturing work environment?