Dominic and Matherson, a finance management company, lends money to Ebok, a fast food chain, in order to help Ebok market its new product. Dominic and Matherson provides financial support in the form of bonds. Which of the following financing options is being used by Ebok in the given scenario?
A. Long-term debt
B. Trade credit
C. Commercial paper
D. Factoring
Answer: A
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Which situation indicates an internal control risk in the General Ledger/Financial Reporting Systems (GL/FRS)?
a. the employee who maintains the cash journal computes depreciation expense b. the cash receipts journal voucher is approved by the Treasurer c. the cash receipts journal vouchers are prenumbered and stored in a locked safe d. the employee who maintains the cash receipts journal records transactions in the accounts receivable subsidiary ledger
Team selling is ideally suited to organizations that sell complex and/or customized products and services
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. According to the Caux principles, nonprofits (NGOs) have to be MOST concerned about integrity. 2. Organizations in collectivist societies are more likely to hire based on family connections and friendships. 3. Feminine/low-power distance/low-uncertainty avoidance cultures are generally more corrupt. 4. Members of masculine cultures are more sensitive to the presence of ethical issues.
As noted in the text, Caesars Entertainment points with pride to the fact that everyone in the firm understands and can articulate its branding and values. This would be an indication that Caesars is devoted to ________.
A. providing work-focused training for valued employees B. producing products that are similar to that of its competitors C. creating self-actualization for management D. external marketing to achieve the goals of stress-relief ergonomics E. internal marketing to achieve the goals in the service-profit chain