Sasha has been running a bicycle delivery service for more than a year. her business is going well, but she is having a hard time managing her accounts and keeping up with her budget. what would be a good business decision for her to make? appeal to investors to incorporate her business. hire more bike messengers so she can make more deliveries. look for a partner who can contribute business expertise. change her company to limited liability to protect her assets.

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.