A merchandiser's classified balance sheet reports merchandise inventory as a current asset.
Answer the following statement true (T) or false (F)
True
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Which of the following has been the traditional way to measure the success or failure of a business?
A) environmental sustainability B) adherence to marketing ethics C) benefits provided to society D) profitability E) level of global marketing
The ability to conduct a business meeting is a critical management skill because
A) so many meetings are held. B) the most important business dealings happen in face-to-face meetings C) most meetings are productive. D) peers and supervisors expect managers to run meetings effectively. E) no other office personnel can run a meeting.
What type of performance pay is more likely in collectivist cultures?
a) Merit pay b) Competency based pay c) Ownership d) Promotion
Which of the following statements is true?
A. Financial leverage should not be considered when a firm borrows money. B. Under the right circumstances, the use of borrowed money can improve a firm's return on owners' equity. C. There is no good reason for a firm to borrow money when it has cash to finance expansion. D. The use of borrowed money always reduces a firm's return on owners' equity. E. Return on owners' equity is not an important financial calculation.