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Question
Machines designed to serve specialized functions in the production process
Answer
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Related questions
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a. collateral
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When a stock sale is restricted to private placement, an entrepreneur can avoid many of the demanding requirements of the securities laws.
a. True
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Floyds income statement showed for the current year his company had an operating income of $45,000 and his balance sheet showed total assets of $300,000. His return on assets is _________ percent.
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a. True
b. False
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Making funds available to cover losses that cannot be eliminated by risk control
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Coverage that designates part of a firms earnings as a cushion against possible future losses
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In order to be appropriately considered a market, a group of customers or potential customers must have
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A buildup process requires a small business to identify all potential buyers in a target market's submarkets and then combine these estimates to determine the calculated demand.
a. True
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a. True
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A market is best defined as a geographical area that is of commercial interest to the entrepreneur.
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Personal interview surveys are attractive as a marketing research method because these are inexpensive to conduct.
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a. True
b. False
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Liability on the part of an owner that extends beyond the owners investment in the business
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a. depreciation expense
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