A main advantage of product diversification is
Answer: to spread rixk and stablize income
Showing posts with label Business Management. Show all posts
Showing posts with label Business Management. Show all posts
In a partnership each partner can be held responsible
In a partnership each partner can be held responsible
Answer: for the total debts
Most partnership divisions and terminations are caused by
Most partnership divisions and terminations are caused by
Answer: disagreement over trivial matters
The most common legal structure of a farm business is the.
The most common legal structure of a farm business is the.
Answer: sole proprietorship
Which type life insurance gives maximum protection at the least cost?
Which type life insurance gives maximum protection at the least cost?
Answer: term
The price of soybeans on the futures market could not fall from $6.00 to $1.00 during a single trading session because of the .
The price of soybeans on the futures market could not fall from $6.00 to $1.00 during a single trading session because of the .
Answer: trading limit
I sold my old worn out tractor I had used for twenty years for $300.00. This is the .
I sold my old worn out tractor I had used for twenty years for $300.00. This is the .
Answer: salvage value
From which of the following can you make the best determination as to the financial status of a person?
From which of the following can you make the best determination as to the financial status of a person?
Answer: his net worth
If the price and consumption of beef goes up then the demand for beef must be .
If the price and consumption of beef goes up then the demand for beef must be .
Answer: up
The financial returns after all costs have been paid is called .
The financial returns after all costs have been paid is called .
Answer: net returns
The processes and services involved in moving a commodity from the producer to the ultimate consumer is called
The processes and services involved in moving a commodity from the producer to the ultimate consumer is called
Answer: marketing
If demand rises and supply remains constant, price should?
If demand rises and supply remains constant, price should?
Answer: rise
A person goes to the bank to secure a loan to finance a greenhouse operation. He say's "I don't have the money to start this by myself, I need more ."
A person goes to the bank to secure a loan to finance a greenhouse operation. He say's "I don't have the money to start this by myself, I need more ."
Answer: capital
An estimate of costs and returns associated with a particular enterprise is a/an
An estimate of costs and returns associated with a particular enterprise is a/an
Answer: budget
The bank officer will appraise my farm. This means he/she will:
The bank officer will appraise my farm. This means he/she will:
Answer: estimate its fair market value
Thomas is a poultry producer for Gold Kist. I can purchase all the dressed chickens (originally from Thomas's farm) my family needs at the supermarket cheaper than I can raise and dress them myself. This can be explained by the theory
Thomas is a poultry producer for Gold Kist. I can purchase all the dressed chickens (originally from Thomas's farm) my family needs at the supermarket cheaper than I can raise and dress them myself. This can be explained by the theory
Answer: economies of scale
Who is at the greatest risk?
Who is at the greatest risk?
Answer: the third mortgage holder
Which is considered a fixed asset?
Which is considered a fixed asset?
Answer: land
Joe's total cost for his strawberry operation this year was $800.00. If his gross receipts totaled $2,400.00, what was his percent return to investment?
Joe's total cost for his strawberry operation this year was $800.00. If his gross receipts totaled $2,400.00, what was his percent return to investment?
Answer: 50
A friend borrows $2,000 and agrees to repay you at the end of three months. The interest is to be calculated at 12% per year compounded monthly. What is the total amount he/she will owe at repayment time?
A friend borrows $2,000 and agrees to repay you at the end of three months. The interest is to be calculated at 12% per year compounded monthly. What is the total amount he/she will owe at repayment time?
Answer: $2,60.60
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