A wide bid/ask spread could indicate which of the following?
A) frequent trading of a currency
B) an inefficient market
C) large volume transactions are taking place
D) the presence of arbitrageurs
B
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The value assigned to an asset such as inventory on the balance sheet determines the amount eventually recognized as an expense on the income statement
a. True b. False Indicate whether the statement is true or false
When individuals invest property in a partnership, the property becomes an asset of the partnership and is owned jointly by the partners
Indicate whether the statement is true or false
Deviation variables:
A) represent the actual value of the function part of a goal constraint. B) represent the difference between the target and actual values. C) must sum to 1. D) equal the difference between actual and predicted values of the decision variables.
The main reasons small businesses fail are poor management skills on the part of owners, inadequate capital, and poor planning.
Answer the following statement true (T) or false (F)