If you borrowed $5,000 for four years, that would be a

short-term loan

long-term loan

critical loan

interest-based loan

You have decided to renovate your restaurant. You estimate that renovations will result in an extra $125,000 in sales per year and save $25,000 in utilities.

Cape Corp. will pay a dividend of $3.00 next year. The company has stated that it will maintain a constant growth rate of 4.5 percent a year forever. a.

Which is NOT a money management skill discussed in the reading material? a) Estimating expenses b) Managing your time in a healthy manner c) Formulating a budget d) Saving for emergencies

It may be argued that Japan's explicit promotion of its microchip industry was an excellent example of successful industrial policy.

Exercise 2-10 Applying Overhead Cost to a Job [LO2-2] Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost.

What will you call an employee who prioritize her goals rather than the team goal?

Vertical integration allows the firm to gain market power as the firm develops the ability to save on its operations, avoid market costs, improve product quality, and possibly protect its technology from its rivals. A. True B. False

Do you like School? Yes or No

Assume that an MNC purchases a foreign building, and then leases the building to another party and allows that party to operate the business in the building for 30 years if the party follows standards set by the MNC.

Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement. By doing this she is following the accounting principle of: