Which of the following accounts may reasonably be expected to grow with sales?
I. Accounts Receivable
II. Accounts Payable
III. Property, Plant and Equipment
IV. Inventory
V. Long-Term Debt
A) I, II, and III
B) I, II, and V
C) I, II and IV
D) III and V
Answer: C
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Chris and Stephanie are friends who reside in two different states. They stay in touch with the help of a computer program that allows them to send messages to each other that both of them can immediately see when they are online. In this scenario, the technology used by Chris and Stephanie is:?
A) ?blogging. B) ?phishing. C) ?text messaging. D) ?instant messaging.
Which of the following is NOT a requirement for a Rule 10b-5 violation?
a. The defendant either used the mails, an instrumentality of interstate commerce, or a facility of a national securities exchange. b. The defendant made a statement that either misrepresented or omitted a fact of material importance. c. The misrepresentation or omission was made with scienter. d. The statement was made in connection with a public offering.
________, an American economist, argued that business should focus on making quality products instead of maximizing profits - and that profit would follow.
A. Conrad Hilton B. W. Edwards Deming C. Paul Samuelson D. Adam Smith
A corporation may lower its cost of capital by shifting a portion of its total financing from a higher
cost source of capital, such as common equity, to a lower cost source of capital, such as debt. Indicate whether the statement is true or false