Growing firms should be able to rely on internally generated funds since external funding is expensive and unreliable
Indicate whether the statement is true or false
FALSE
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In the United States, the biggest issuers of equity securities are
A. households. B. business firms. C. governments. D. financial intermediaries.
A publisher makes an oral deal with an author, where the author agrees to write a new "Introduction to Marketing" book. They agree that the book is due in two years. In this scenario, the contract is most likely to be ________.
A. legally enforceable B. rescinded by a court C. illegal D. unenforceable
Meggie's Fitness Center received $800 from a customer in advance for a one-year membership in the fitness center. The entry that would be made to record the fee receipt is
A) Unearned Revenue 800Cash 800 B) Cash 800 Unearned Revenue 800 C) Unearned Revenue 800 Revenue 800 D) Revenue 800 Unearned Revenue 800
A(n) ____is intended to persuade and inform.
A. proposal B. report C. both a. and b. D. neither a. nor b.