The most common source of income is business ownership.

A. True

B. False

To be valid, a noncompete clause must be a. ancillary to a legitimate bargain. b. reasonable in time, geographical area, and scope of activity when ancillary to the sale of a business. c.

Holman company owns equipment with an original cost of $95,000 and an estimated salvage value of $5,000 that is being depreciated at $15,000 per year using the straight-line depreciation method, and only prepares adjustments at year-end.

Which of the following statements is not true: Multiple Choice Accounts receivable are increased by billings to customers. Accounts receivable are held by a seller. Accounts receivable arise from credit sales.

Bamp; C Co. has net income of $48,200, sales of $947,100, a capital intensity ratio of. 87, and an equity multiplier of 1.53. What is the return on equity?6.77 percent5.93 percent8.95 percent12.21 percent14.09 percent

You would like to establish a fund that will be used to offer a scholarship each year to a worthy student at your alma mater. You would like the total annual award to be $5,000, with the first award to be presented next year.

If the reserve ratio is 10%, and banks do not hold excess reserves, when the Fed purchases $10 million of government bonds, bank reservesA) increase by $10 million and the money supply could eventually increase by $10 million.

What does a clean kitchen show an inspector about a restaurant? a. a clean kitchen shows that the person in charge is working their shift. b. clean kitchens show that the team is healthy and not sick. c.

Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $10) $ 160,000 Direct materials and direct labor $ 96,000 Overhead (20% variable) 16,000 Selling and administrative expenses (all fixed) 32,000

In order to achieve a high economic freedom rating, what should a country do?

Find the ordinary time of a loan made on March 10 and due on May 10. 30 days 60 days 61 days 62 days