Which of the Following Statements Is Incorrect Regarding the Economic

question 26

Multiple Choice

Which of the following statements is incorrect regarding the economic impact of entrepreneurial firms in the United States?

• A) Small businesses outperform their larger counterparts in terms of patent activity.
• B) Small firms are providers of a significant share of the innovations that take place.
• C) According to a Kauffman Foundation survey, 92% of Americans say entrepreneurs are critically important to job creation.
• D) Small businesses employ just less than half of all private sector employees.
• E) Small businesses are the creators of most new jobs.

Learn how to calculate the cash flow on total assets ratio.

Preparation of a complete statement of cash flows using the direct method.

Understand the distinction between noncash financing and investing activities.

Understand how the indirect method adjusts net income for operating cash flows.