Commercial banks offer lines of credit, which
A. are the cheapest sources of long term loans.
B. permit firms to borrow short term funds only as needed.
C. are the cheapest sources of short term funds.
D. are available only to firms.
Answer: B
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When using the three-step writing process, how much of the available writing time should be set aside for the actual writing?
A) 15 percent B) 25 percent C) 45 percent D) 65 percent E) 85 percent
Which leadership theory is studied in a variety of disciplines, including nursing, education, and industrial engineering?
A. leader–member exchange theory B. path–goal leadership theory C. contingency theory D. transformational leadership theory
Breaking bulk and creating assortments are both examples of ________ functions provided by channel intermediaries
A) communication B) marketing C) exchange D) facilitating E) physical
A company's Inventory balance at the end of the year was $188,000 and $200,000 at the beginning of the year. Its Accounts Payable balance at the end of the year was $84,000 and $80,000 at the beginning of the year, and its cost of goods sold for the year was $720,000. The company's total amount of cash payments for merchandise during the year equals:
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