Generally speaking, planners can usually seek higher return investments to meet
A)
short-term goals.
B)
long-term goals.
C)
goals of any term.
D)
dreams, but not goals.
B
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The statement of cash flows classifies cash used for interest expense as
a. an operating activity b. an investing activity. c. a financing activity. d. an exchange activity. e. a funds usage activity.
Perfection by investment of collateral is one of the methods of perfecting a security interest under the Uniform Commercial Code (UCC).
Answer the following statement true (T) or false (F)
Quick Cement has a return on assets of 8%. If it has $1.5 million in total assets and a total asset turnover of 2, it follows that the firm must have a net profit margin of
A) 4%. B) 6%. C) 8%. D) 12%.
Wholesalers sell primarily to ultimate consumers.
Answer the following statement true (T) or false (F)