BUSI 100 FINAL EXAM QUESTIONS CORRECTLY EXPLAINED AND ANSWERED.
5 views 0 purchase
Module
BUSI.
Institution
BUSI.
BUSI 100 FINAL EXAM QUESTIONS CORRECTLY EXPLAINED AND ANSWERED.
Thoreau notes that most of his townsmen have learned to read not only to keep accounts and not be cheated in trade but also as a noble intellectual exercise - CORRECT ANSWER False
Brad has no personal connection to which (singst...
BUSI 100 FINAL EXAM QUESTIONS
CORRECTLY EXPLAINED AND
ANSWERED.
Thoreau notes that most of his townsmen have learned to read not only to keep accounts and not be
cheated in trade but also as a noble intellectual exercise - CORRECT ANSWER False
Brad has no personal connection to which (singstreet, sandlot, yo gabba gabba) - CORRECT ANSWER
Sing street
Plato felt that the fundamental key in the development of an economy was - CORRECT ANSWER More
things are produced and better and more easily when one man performs one task according to nature at
the right moment and at leisure from other occupations
(T/F) Adam smith believed that the individuals act in their own self-interest because they know that this
will lead to the greatest good for society as a whole - CORRECT ANSWER False
(T/F) during lecture, professor Hendricks noted some similarities between the logic profession from an
inquiry into the nature and causes of the wealth of nations by Adam smith and the popular children's
book "if you give a mouse a cookie" - CORRECT ANSWER False- Plato
During lecture we watched a brief video that Friedman narrated to illustrate basic free market
principles. In the video he indicated these pre in piles are quite simple and easily understood when
thinking about the production of____ - CORRECT ANSWER Pencils
(t/f)The key point in the Friedman doctrine is that in her capacity as a corporate exec, the manager is the
agent of the individuals who own the corporation, and her primary responsibility is to conduct the
business in accordance with their desires - CORRECT ANSWER True
Who would agree with this quote "I believe that with great wealth comes great responsibility, a
responsibility to give back to society and a responsibility to see that resources are put to work in the
best possible way to help the most in need - CORRECT ANSWER Carnegie
, Without____, pavilions indicates that it is impossible for merchants "to conduct their business for they
would have no rest and their minds would always be troubled" - CORRECT ANSWER Systematically
arranging all transactions
(t/F) Defoe indicates that if it is too tedious to keep books exact, partial book keeping still provides many
benefits to the merchant - CORRECT ANSWER False- all or nothing
What songs does Hendricks listen to the most - CORRECT ANSWER Stick season (Noah kahan)
To find cash - CORRECT ANSWER Add (borrowed + received cash from stock)- subtract( wages,
equipment, rent)+ add(collected money)
Assets - CORRECT ANSWER Cash+amount left on rent+amount left of equipment+ (revenue-collected)
One plausible explanation for Du Bois observation that the value of farms in Dougherty County, GA
decreasing from 3 million in 1860 to 2 million in 1870 is that emancipation of the slaves led the present
value of cash flows for those farms to - CORRECT ANSWER Decrease because the cost of labor increased
(T/F)Ayn rand, in atlas shrugged, believed that the problem with society is the love of money, not money
itself - CORRECT ANSWER False- it's not money or love of money
Net present value - CORRECT ANSWER Write out the years given, put cash flows under each year, divide
each by the discount rate^(power of the year), add them up, take out the initial cash flow at beginning
of problem
What name did professor Hendricks not get wrong - CORRECT ANSWER Tanja
(T/F)During lecture, professor Hendricks highlighted a recent report from the UN that indicated there
are fifty million people stuck in modern slavery, significant increase - CORRECT ANSWER True
Equity stake worth on date - CORRECT ANSWER How much he invested+other equity from investors.
Sort the investment, get to the year, take out the debt, then take the percent the person owns
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ROSEGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £10.87. You're not tied to anything after your purchase.
