(Consider This) Which of the following statements is true about U.S. firms?
A) Over half are bankrupt within the first two years after starting up.
B) Over half are bankrupt within the first five years after starting up.
C) Nearly 65 percent last 10 years or more.
D) The life expectancy of a U.S. firm is approximately 22 years.
Correct Answer:
Verified
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