____________ deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities.
Fill in the blank(s) with the appropriate word(s).
Finance
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Retailers are a key component in a supply chain that links manufacturers to consumers.
Answer the following statement true (T) or false (F)
A company is expected to have a value of $142,857 at the start of next period and investors require a 14 percent return on equity capital. Using the assumptions of the price-earnings ratio, what would be the company's earnings for the current year?
a. $20,000 b. $14,286 c. $2,800 d. $12,500
External auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
Answer the following statement true (T) or false (F)
For manufacturing firms, the cost of completed products remains on the balance sheet as __________ assets until the firm sells the products; upon sale, the cost of the assets becomes a cost of goods sold expense
a. Direct Materials Inventory b. Work-in Progress Inventory c. Finished Goods Inventory d. Cost of Products Ready for Sale e. none of the above