Which of the following statements is true regarding the ...

[vicky]

Which of the following statements is true regarding the profitability of new businesses?
 A) It may take several years for a new business to begin showing a profit.
  B) Profitability is not an important issue for new businesses.
  C) Most new businesses will turn a profit within the first year.
  D) If a company does not show a profit within the first year, it will fail.
  E) Most new businesses are highly profitable when they first start.

Question 2

The board of directors of a corporation usually is elected by
 A) bondholders.
  B) preferred stockholders.
  C) the corporation's board of directors.
  D) convertible preferred stockholders.
  E) common stockholders.

[Liamb2179]

Answer to Question 1

A

Answer to Question 2

E

[vicky]

YES! Correct, THANKS for helping me on my review

[epscape]

Thanks for the timely response, appreciate it