Martin Company has a cash ratio of 0.3. This implies that the company ________.
A) has an unnecessarily large amount of cash supply
B) is not sending a strong message to investors and creditors that it has the ability to repay its short-term debt
C) is not in a position to meet its long-term obligations
D) has no liquidity issues
B) is not sending a strong message to investors and creditors that it has the ability to repay its short-term debt
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In advertising, "puffery" is a term that refers to ________
A) a straightforward promotional message B) innocent exaggeration for effect C) hidden advertising messages to consumers D) subliminal appeals to consumers E) value-added promotions
A manager who constantly emphasizes punctuality to subordinates arrives late to meetings. The nonverbal message will be more strongly believed by the subordinates
Indicate whether the statement is true or false
Hud and Iggy form Jerry-Bilt Construction to enter into a contract to build one bridge. Under their partnership agreement, Jerry-Bilt is to dissolve when the bridge is built. Iggy signs a contract for the firm to build a second bridge. Jerry-Bilt
a. dissolves as soon as the first bridge is built. b. dissolves as soon as the second bridge is built. c. dissolves immediately on Iggy's signing of the second contract. d. does not dissolve.
A supervisor believes that one of her employees is using the office telephone for excessive personal calls. What should she do?
A. Make accusations. B. Get the employee's version of the situation. C. Issue a general memo stating the company policy about phone use. D. Ask the employee about the telephonic conversations during an appraisal meeting.