How can a proprietorship or partnership raise funds for expansion?
A) take on a partner or more partners
B) reinvest profit back into the business
C) borrow from someone or an institution willing to lend the funds
D) Any of these would generate funds for expansion.
D
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A financial statement that sums up a firm's financial position on a particular day is
A) an equity report. B) a balance sheet. C) statement of cash flow. D) an income statement.
John Maynard Keynes believed the ideas of economists to be
a. generally incorrect. b. powerful. c. academic and without practical application. d. rantings of madmen.
Which of the following represents a decrease in cash flows?
a) Increase in Accounts Payable b) Decrease in Inventory c) Decrease in Wages Payable d) Increase in Deferred Revenue
Since NAFTA was signed, Mexico saw the productivity of its firms:
a. decrease in the nonmaquiladora plants. b. decrease in the maquiladora plants. c. increase in the maquiladora plants at a faster pace than in the nonmaquiladora plants. d. increase in the maquiladora plants at a slower pace than in the nonmaquiladora plants.