Industries operate differently in terms of ________
A) labor intensity
B) cash management
C) capital intensity
D) All of these
Answer: D
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Kola is a chain of supermarkets across the country. Kola's sales staff treat their customers very well, which in turn creates great customer satisfaction. Which of the following is most likely to be the sustainable competitive advantage of Kola?
A. Unique merchandise B. Price C. Customer service D. Ethical business practices E. Location
If your take-home pay is $30,000 annually and you have $15,000 in liquid assets and $5,000 in current liabilities, you have about
A) six months' of liquid reserves, which is good. B) two month's of liquid reserves, which is poor. C) four month's of liquid reserves, which is fair. D) six years of liquid reserves, which is excessive.
Accrued expenses represent a spontaneous form of financing
Indicate whether the statement is true or false
Both operating and financial leverage result in the magnification of return as well as risk
Indicate whether the statement is true or false