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The authors of chapter 1 of the textbook argue that goals are needed in a business in order to: Earn a sufficient level of profits.

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The authors of chapter 1 of the textbook argue that goals are needed in a business in order to: Earn a sufficient level of profits. Serve the needs of society. Judge whether its decisions are good or bad. O Permit it to adapt to changing business conditions. Table 1A lists the outcomes of two investments over a three-year period. Which of the following statements is true? Table 1A-Returns from Investments A and Year 1 $700 $300 Year 2 $500 $500 Year 3 $300 $700 O Both A and B have the same value to an investor. O B would be preferred by investors seeking to maximize their profits. O A has a greater value than B. O Bhas a greater value than

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