Author Question: It is ________ to buy a going concern for less than it would cost to start a similar company. A) ... (Read 39 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
It is ________ to buy a going concern for less than it would cost to start a similar company.
 
  A) Possible
  B) Impossible
  C) Likely
  D) Improbable
  E) Definite

Question 2

Which of the following would be the most or least seasonal businesses and therefore have the most or least cyclical cash flow: a) snow plowing; b) high school senior photography; c) cleaning and repairing lawn mowers.
 
  d) evening and weekend babysitting. Why?
  What will be an ideal response?



brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

A

Answer to Question 2

Except for the evening and weekend babysitting business, all others would be seasonal and have cyclical cash flows. For example, snow ploughing would be during the winter months and nothing the rest of the year, while repairing lawn mowers would be in the spring alone.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library