True false: in the questions below, circle the correct answer (or highlight in yellow if doing via edmodo) 11. true false understanding how the product gets to the customer define the business. 12. true false most wholesalers sell directly to the public. 13. true false a retailer might sell products at a store or over the internet. true false large manufacturing companies typically sell products to wholesalers. true false most service businesses are also manufacturers. true false manufacturing is the dominant business type in america today. true false most business start-ups in recent years have been service businesses. true false mcdonalds restaurants are manufacturing businesses. true false the price of a product decreases as it goes along the distribution chain. true false an fob location identifier is always the name of a city.

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?