Most asset-based loans are financed against inventory and less often against accounts receivable.
Answer the following statement true (T) or false (F)
False
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When a company collects the face value of a long-term investment in bonds at maturity, ________.
A) total assets and equity of the firm remains unchanged B) both assets and liabilities of the firm increase C) both assets and equity of the firm increase D) liabilities decrease and equity increases
In most cases, the total sales quota for a salesperson is:
A. based on new accounts. B. set by the sales manager. C. the same for all salespeople in the company. D. set by the individual salesperson. E. fluctuating and flexible.
According to the text, which of the following is NOT one of the three types of economies based on a country’s stage of economic development?
a. survival b. emerging c. developed d. overdeveloped
An example of unproductive attitude could be
a. confidence. b. willingness to learn. c. warmth and enthusiasm. d. impatience.