Which of the Following Do Not Comprise Two-Thirds of the For-Profit

question 124

Multiple Choice

Which of the following do not comprise two-thirds of the for-profit businesses in the United States as measured by the sheer number of firms?

• A)Small retail businesses
• B)Small service operations
• C)Part-time home-based businesses
• D)Small farms
• E)Multinational corporations

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Definitions:

Present Value

The modern-day value of a potential future sum of money or sequence of financial inflows, accounting for a particular return rate.

Registered Education Savings Plan

A tax-advantaged savings account in Canada designed to help save for a child's post-secondary education.

Compounded Semi-annually

Involves calculating and adding interest to the principal amount of an investment or loan twice per year, leading to compound growth over time.

Semi-annual Withdrawals

Withdrawals made twice a year from an account or investment.