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13 Nov 2006, 12:20
Kudos
Bookmarks
2. Which of the following financial situations is most
analogous to the financial situation in which Japan’s
Tokugawa shoguns found themselves in the eighteenth
century?
(A) A small business borrows heavily to invest in new
equipment, but is able to pay off its debt early
when it is awarded a lucrative government contract.
(B) Fire destroys a small business, but insurance covers
the cost of rebuilding.
(C) A small business is turned down for a loan at a
local bank because the owners have no credit
history.
(D) A small business has to struggles to meet operating
expenses when its profits decrease.
(E) A small business is able to cut back sharply on
spending through greater commercial efficiency
and thereby compensate for a loss of revenue.
analogous to the financial situation in which Japan’s
Tokugawa shoguns found themselves in the eighteenth
century?
(A) A small business borrows heavily to invest in new
equipment, but is able to pay off its debt early
when it is awarded a lucrative government contract.
(B) Fire destroys a small business, but insurance covers
the cost of rebuilding.
(C) A small business is turned down for a loan at a
local bank because the owners have no credit
history.
(D) A small business has to struggles to meet operating
expenses when its profits decrease.
(E) A small business is able to cut back sharply on
spending through greater commercial efficiency
and thereby compensate for a loss of revenue.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Reading Comprehension (RC) Forum
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13 Nov 2006, 23:50
Kudos
Bookmarks
baski6
well, D is the rite answer.............................
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Reading Comprehension (RC) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
