Peter Is Starting His Own Delivery Company Called "Ding Dong

question 2

Multiple Choice

Peter is starting his own delivery company called "Ding Dong Delivery".He is currently starting the company just in his home town and surrounding area (20 mile radius) .Peter currently has $500,000 in capital along with an office space with internet and telephones,as well as 10 delivery trucks,but no employees.What resource is Peter missing that is crucial for his business to get running?

• A)Physical
• B)Human
• C)Informational
• D)Financial

Comprehend differences between US GAAP and IFRS in terms of inventory valuation, common stock, and asset reporting.

Understand assets turnover and its calculation.

Analyze the effect of transactions on net profit margin and how operational decisions impact financial ratios.

Understand the key stages of the general adaptation syndrome and their characteristics.

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Definitions:

Double Coincidence

A situation in a barter economy where two parties each hold an item the other wants, allowing them to make an exchange without the use of money.

Federal Deregulation

The process of reducing or eliminating government rules and restrictions on the business sector by federal authorities.

Savings And Loan

Financial institutions that primarily accept savings accounts and provide mortgage lending, historically focusing on residential mortgages.

Taxpayers

Individuals or entities that are obliged to pay taxes to a government authority based on their income, property, or consumption.