When a portion of a firm's fixed assets are financed with current liabilities, ________.
A) the firm will have positive net working capital
B) the net working capital will decrease
C) the current ratio will increase
D) the firm will have negative net working capital
B) the net working capital will decrease
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Which of the following will be most affected by deadlines and due dates?
A) Cost B) Location C) Convenience D) Time E) Security
Which of the following express society's opinions of the rightness or wrongness of an act?
a. values b. ethics c. morals d. beliefs
The primary financial analysis of profit ratios should include only income and expenses arising from the normal operations of the business. This would exclude:
a. interest income. b. gross profit. c. inventory write-downs. d. discontinued operations.
Which of the following is true about a value statement?
a. It forms the basis for the mission statement. b. The values contained in the statement must be quantifiable. c. It identifies what aspects are important to the company. d. It focuses on the company's long-range plans.