John Maynard Keynes segmented a firm's demand for cash into the following motives:
A) transaction, speculative and precautionary.
B) transaction, speculative, and risky.
C) transaction, liquidity, and speculative.
D) risk, investment, and liquidity.
A
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By handing the message over to connectors,
A) MPR creates media mentions and generates word-of-mouth inexpensively. B) companies do not have to rely on public relations professionals. C) firms can be certain that audiences will receive the message every time. D) MPR professionals do not have to bother following up. E) organizations can entirely eliminate the need for mass media advertising.
If Department K had 2,000 units, 45% completed, in process at the beginning of the period, 12,000 units were completed during the period, and 1,200 units were 40% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories?
A) 11,580 B) 11,280 C) 13,680 D) 10,000
Which of the following conditions indicate a company has a relatively high level of financial risk?
A. A low debt to assets ratio B. A high return on equity C. A high current ratio D. A low times-interest-earned ratio
Which of the following is not a reason to carry inventory?
A. To keep the stock out of the hands of competitors B. To meet variation in product demand C. To maintain independence of operations D. To provide a safeguard for variation in raw material delivery time E. To take advantage of economic purchase-order size