Why do many entrepreneurs underprice their goods and services, especially when they first get into business?

Managing and sustaining product diversity requires many more overhead resources such as production schedulers and product design engineers. The costs of these resources have no obvious connection with direct labor. Ture or False

In an FRA, the buyer agrees to pay the seller A. the increased interest cost on a notional amount if interest rates fall below an agreement rate. B. Not Sure C. the increased interest cost if interest rates increase above the agreement rate D.

The direct write-off method A) is acceptable for financial reporting purposes. B) debits Allowance for Doubtful Accounts to record write-offs of accounts. C) estimates bad debt losses.

A buyer signs an earnest money agreement and gives it to the broker who showed her the property she is buying. After leaving the broker's office, she reconsiders and decides she prefers a different property.

Carolina is trying to sell her car, and the lowest amount she is willing to accept is $2,000. Abdul is interested in buying the car, and although he is willing to pay $2,500, he negotiates a price of $2,100.

Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value.

Which of the following actions will likely cause a project to fail? A) dedicating valuable team member time to identify risk events B) spending project funding to procure needed tools and spare parts C) unclear or conflicting stakeholder

Mcgregor company allows customers to pay with credit cards. the credit card company charges mcgregor 2% of the sale. when a customer uses a credit card to pay mcgregor $300 for services provided, mcgregor would:

Net worth is the difference between a firm's assets and its liabilities. a. True b. False

Buyer Jim agreed to a 20-day window to get a survey done. A number of problems have occurred and after 20 days from the signed contract date, buyer Jim has yet to have a survey completed. What is now the status of the sales contract? a.