A firm obtains the funds needed to pay its current bills primarily from its:

A. current liabilities.
B. long-term assets.
C. long-term liabilities.
D. equity.
E. liquid assets.


Answer: E

Business

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a. marketable securities. b. current assets. c. investments. d. property, plant, and equipment.

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Name and define the four panes in the Johari window.

What will be an ideal response?

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Greg owns a small business of selling athletic equipment to retailers. He spends $12,500 annually on transportation. His annual fixed cost is $19,000. His other annual expenses total $4,000. His annual sales are $130,000 and the cost of the goods he sells is $65,000. Calculate Greg's direct costs and his break-point point.

What will be an ideal response?

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Which of the following is true with regard to backorders?

a. The sale is lost for the moment but filled at a future date. b. The revenue earnings are improved. c. They have a positive impact on the company’s reputation. d. They have a positive impact on the company’s market share.

Business