Too much investment in current assets reduces firm's profitability, whereas too little investment in current assets increases the risk of not being able to pay debts as they come due
Indicate whether the statement is true or false
TRUE
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Process A has fixed costs of $1000 and variable costs of $5 per unit. Process B has fixed costs of $500 and variable costs of $15 per unit. What is the crossover point between process A and process B?
A) 50 units B) 200 units C) $2,500 D) $5,000 E) $9,500
Which of the following is not a part of a corporation's annual report?
A) report of independent registered public accounting firm B) MD&A C) notes to financial statements D) horizontal and vertical analysis
The cause of action of intentional infliction of emotional distress will protect a person from abusive language and rudeness
Indicate whether the statement is true or false
Which of the following statements is correct relating to common stock certificates of a publicly traded company that uses the services of a transfer agent?
A. A lack of stock certificates is ordinarily considered a material weakness in internal control. B. Stock certificates should exist for all outstanding stock and be held by the owner of the stock. C. Stock certificates should exist for all outstanding stock and be held either by the owner of the stock or a representative of the owner (e.g., brokerage firm). D. Stock certificates often are not issued in today's electronic environment.