Busi 100 Question and answers
correctly solved 2025/2026
Thoreau notes that most of his townsmen have learned to read not only to keep accounts and not be
cheated in trade but also as a noble intellectual exercise - correct answer ✔False
Brad has no personal connection to which (singstreet, sandlot, yo gabba gabba) - correct answer ✔Sing
street
Plato felt that the fundamental key in the development of an economy was - correct answer ✔More
things are produced and better and more easily when one man performs one task according to nature at
the right moment and at leisure from other occupations
(T/F) Adam smith believed that the individuals act in their own self-interest because they know that this
will lead to the greatest good for society as a whole - correct answer ✔False
(T/F) during lecture, professor Hendricks noted some similarities between the logic profession from an
inquiry into the nature and causes of the wealth of nations by Adam smith and the popular children's
book "if you give a mouse a cookie" - correct answer ✔False- Plato
During lecture we watched a brief video that Friedman narrated to illustrate basic free market
principles. In the video he indicated these pre in piles are quite simple and easily understood when
thinking about the production of____ - correct answer ✔Pencils
(t/f)The key point in the Friedman doctrine is that in her capacity as a corporate exec, the manager is the
agent of the individuals who own the corporation, and her primary responsibility is to conduct the
business in accordance with their desires - correct answer ✔True
, Who would agree with this quote "I believe that with great wealth comes great responsibility, a
responsibility to give back to society and a responsibility to see that resources are put to work in the
best possible way to help the most in need - correct answer ✔Carnegie
Without____, pavilions indicates that it is impossible for merchants "to conduct their business for they
would have no rest and their minds would always be troubled" - correct answer ✔Systematically
arranging all transactions
(t/F) Defoe indicates that if it is too tedious to keep books exact, partial book keeping still provides many
benefits to the merchant - correct answer ✔False- all or nothing
What songs does Hendricks listen to the most - correct answer ✔Stick season (Noah kahan)
To find cash - correct answer ✔Add (borrowed + received cash from stock)- subtract( wages,
equipment, rent)+ add(collected money)
Assets - correct answer ✔Cash+amount left on rent+amount left of equipment+ (revenue-collected)
One plausible explanation for Du Bois observation that the value of farms in Dougherty County, GA
decreasing from 3 million in 1860 to 2 million in 1870 is that emancipation of the slaves led the present
value of cash flows for those farms to - correct answer ✔Decrease because the cost of labor increased
(T/F)Ayn rand, in atlas shrugged, believed that the problem with society is the love of money, not money
itself - correct answer ✔False- it's not money or love of money
Net present value - correct answer ✔Write out the years given, put cash flows under each year, divide
each by the discount rate^(power of the year), add them up, take out the initial cash flow at beginning
of problem
What name did professor Hendricks not get wrong - correct answer ✔Tanja
correctly solved 2025/2026
Thoreau notes that most of his townsmen have learned to read not only to keep accounts and not be
cheated in trade but also as a noble intellectual exercise - correct answer ✔False
Brad has no personal connection to which (singstreet, sandlot, yo gabba gabba) - correct answer ✔Sing
street
Plato felt that the fundamental key in the development of an economy was - correct answer ✔More
things are produced and better and more easily when one man performs one task according to nature at
the right moment and at leisure from other occupations
(T/F) Adam smith believed that the individuals act in their own self-interest because they know that this
will lead to the greatest good for society as a whole - correct answer ✔False
(T/F) during lecture, professor Hendricks noted some similarities between the logic profession from an
inquiry into the nature and causes of the wealth of nations by Adam smith and the popular children's
book "if you give a mouse a cookie" - correct answer ✔False- Plato
During lecture we watched a brief video that Friedman narrated to illustrate basic free market
principles. In the video he indicated these pre in piles are quite simple and easily understood when
thinking about the production of____ - correct answer ✔Pencils
(t/f)The key point in the Friedman doctrine is that in her capacity as a corporate exec, the manager is the
agent of the individuals who own the corporation, and her primary responsibility is to conduct the
business in accordance with their desires - correct answer ✔True
, Who would agree with this quote "I believe that with great wealth comes great responsibility, a
responsibility to give back to society and a responsibility to see that resources are put to work in the
best possible way to help the most in need - correct answer ✔Carnegie
Without____, pavilions indicates that it is impossible for merchants "to conduct their business for they
would have no rest and their minds would always be troubled" - correct answer ✔Systematically
arranging all transactions
(t/F) Defoe indicates that if it is too tedious to keep books exact, partial book keeping still provides many
benefits to the merchant - correct answer ✔False- all or nothing
What songs does Hendricks listen to the most - correct answer ✔Stick season (Noah kahan)
To find cash - correct answer ✔Add (borrowed + received cash from stock)- subtract( wages,
equipment, rent)+ add(collected money)
Assets - correct answer ✔Cash+amount left on rent+amount left of equipment+ (revenue-collected)
One plausible explanation for Du Bois observation that the value of farms in Dougherty County, GA
decreasing from 3 million in 1860 to 2 million in 1870 is that emancipation of the slaves led the present
value of cash flows for those farms to - correct answer ✔Decrease because the cost of labor increased
(T/F)Ayn rand, in atlas shrugged, believed that the problem with society is the love of money, not money
itself - correct answer ✔False- it's not money or love of money
Net present value - correct answer ✔Write out the years given, put cash flows under each year, divide
each by the discount rate^(power of the year), add them up, take out the initial cash flow at beginning
of problem
What name did professor Hendricks not get wrong - correct answer ✔Tanja
