Which of the following statements more accurately describes the treasurer than the controller? a. Monitors copital expenditures to make sure that they are not misappropriated.
b. Responsible for investing the firm's spare cash.
c. Responsible for arranging any issue of common stock.
d. Responsible for the company's tax affairs.

Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.

The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000

Emil motycka is considered an entrepreneur because