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Author Question: Which of the following statements is true regarding the profitability of new businesses? A) It may ... (Read 88 times)

vicky

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on: Jul 14, 2018
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.


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Liamb2179

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Reply #1 on: Jul 14, 2018
Answer to Question 1

A

Answer to Question 2

E


vicky

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Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)

jordangronback

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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