Which of the following is a false statement as it relates to analysis?
a. Profitability may not be a major consideration as long as the resources for repayment can be projected.
b. Equity capital provides creditors with a cushion against loss.
c. There is a difference between the objectives that are sought by short-term grantors of credit and those sought by long-term grantors of credit.
d. If merchandise with a 20% markup is sold on credit, it would take ten successful sales of the same amount to make up for one sale not collected.
e. The financial structure of the entity is of interest to creditors.
D
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Diageo PLC, V&S Vin & Spirit AB, and Seagram and other marketers know that Russians consume a great deal of vodka. This type of market segmentation can be classified as:
A) demographic. B) behavioral. C) psychographic. D) occupational. E) benefit.
Answer the following statements true (T) or false (F)
SFAC No. 8 included the true and fair view in the qualitative characteristics of accounting.
Flip charts and white boards are obsolete and have been replaced by electronic presentations
Indicate whether the statement is true or false
A/An ________ is defined as one that is targeted at investors in a single country and underwritten in whole or part by investment institutions from that country
underwritten in whole or part by investment institutions from that country. A) SEC rule 144a placement B) directed public share issue C) Euroequity public issue D) strategic alliance