Most entrepreneurial ventures are successful
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Data shows that only 44 percent of ventures survive four years of business. After seven years, only 31 percent of ventures remain.
Business
You might also like to view...
If a firm equates its pro forma sales growth to the rate of sustainable growth, and has positive net income and excess capacity, then the:
A. maximum capacity level will have to increase at the same rate as sales growth. B. total assets will have to increase at the same rate as sales growth. C. debt-equity ratio will increase. D. retained earnings will increase. E. number of common shares outstanding will increase.
Business
Sales commissions are classified as
a. overhead costs b. period costs. c. product costs. d. indirect labor.
Business