Questions from General Business


Q: How would you calculate the value of owner’s equity?

How would you calculate the value of owner’s equity?

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Q: If you were assessing the value of a business which two factors

If you were assessing the value of a business which two factors would you take into account and in which financial statement would you find them?

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Q: How can a company compete on a non-price basis and

How can a company compete on a non-price basis and still retain or grow market share?

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Q: What are the key ethical issues in this situation?

What are the key ethical issues in this situation?

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Q: Use the accounting equation to determine the net worth of a company

Use the accounting equation to determine the net worth of a company with assets of $36.6 million and liabilities of $28.2 million. What does the net worth suggest to potential investors?

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Q: Modern economies routinely engage in cross-border transactions and require the

Modern economies routinely engage in cross-border transactions and require the free flow of capital. It is estimated that over 30 per cent of all financial transactions are cross-border. In this case,...

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Q: Interview an accountant at a local business, nonprofit organization, or

Interview an accountant at a local business, nonprofit organization, or government entity. How does the firm use budgets? How does budgeting help managers plan business activities? How does budgeting...

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Q: Explain the three functions of money. Why do we need money

Explain the three functions of money. Why do we need money, and what are the characteristics of money?

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Q: Transactions through digital technologies rose by 6.05 percent to INR1

Transactions through digital technologies rose by 6.05 percent to INR1.06 billion in December 2017, according to the Reserve Bank of India. This marked the first time that digital transactions passed...

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Q: What new services might Key Savings and Loan be able to offer

What new services might Key Savings and Loan be able to offer if they go virtual?

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