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Past Exam for BCOR 1010 - INTRODUCTION TO BUSINESS with McMahon at Colorado (CU)

Exam Information

Material Type:Exam 2
Professor:McMahon
Class:BCOR 1010 - INTRODUCTION TO BUSINESS
Subject:Business Core
University:University of Colorado - Boulder
Term:Fall 2009
Keywords:
  • Place Utility
  • Ratio Analysis
  • Higher Return
  • Accounting and Finance
  • Channel Intermediaries
  • Time Utility
  • Distribution Channel
  • Entrepreneurship
  • Business to Business
  • In/on/at a Place
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Sample Document Text

Mid Term 2!!! 11/04/2009 Why would u want to look at both the income statement and the balance sheet of a business rather than one statement? • One statement doesn’t show everything to find the ratios needed to compare companies the info from both statements is necessary. Also the income statement shows the company’s finances for a long period of time but a balance sheet is a snapshot and can better tell you how liquid a company is for example Define product life cycle and explain its significance as covered in the Bryant pharm case. • The product life cycle is the 5 stages every product goes through. Development>Intro>Growth>Maturity>Decline. Life cycle determines how the product was advertised to the product. What are the differences preffered and common stock? Why might an investor prefer one over the other? • Pref stock is different from common stock because dividends must be paid to preffered stock holders. Also preffered stocks are paid out before common stock if a company goes bankrupt. ...

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