When Naja opened her craft store, her yarn supplier allowed her to charge up to $1000 in merchandise with no set payment amounts due. Naja paid off the balance as she sold the yarn and was then able to order more yarn on credit, up to her $1000 limit. This arrangement is considered a form of

Select one:

a. revolving credit

b. due diligence

c. affordable loss

d. bricolage

Karlas Koffee shop has $70,000 in assets and $30,000 in liabilities. What is the owners equity?

Select one:

a. $50,000

b. $40,000

c. It is impossible to know the owners equity as there is not enough information given.

d. $100,000

Christine thinks shell need $80,000 to start her business and expects it to make $50,000 the first year. If Stephanie could fund half the amount herself and borrowed the rest, what would her return on equity be?

Select one:

a. 62.5%

b. 95%

c. 111%

d. 125%

Amy plans to open a laundromat with a gym. She got the idea from the laundromat with a bar and game rooms, which she visits regularly. She wants to test her idea by starting out in a small space with the focus on the laundromat and a small space allocated for gym equipment. Amy's idea is an example of

Select one:

a. parallel competition.

b. retrenchment.

c. a blue ocean strategy.

d. an incremental innovation.

Taras friend Robbie worked at the local coffee shop. Tara always stopped to get her morning coffee from the shop because Robbie would fix her a deluxe coffee but only charge her for a standard cup of coffee. This is an example of

Select one:

a. embezzling.

b. phony disbursements.

c. skimming.

d. an ethical transaction between friends.