Grisham is the financial manager of Plink Inc., an electronics company. He invests a major portion of the company's profit in his business. He believes that money has the potential to grow in value over a certain period, which is why he prefers to receive and invest an amount of money today rather than in the future. In this scenario, Grisham is most likely to be influenced by _____ while utilizing the finances of the company.
A. revolving credit agreement
B. net present value
C. retained earnings
D. time value of money
Answer: D
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A. strategy follows structure, but the reverse is not true. B. structure is usually an integral part of strategic planning. C. if a firm's strategy changes, then its structure must change. D. structure follows strategy, but the reverse is not true. E. if a firm's structure changes, then its strategy must change.
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Indicate whether the statement is true or false
The law office heading usually is printed on legal stationery
A. because it is required by law. B. to identify the document. C. as a public relations tool to identify the firm. D. to name the state where the document was written.
Please pick the correct formula for elasticity:
a. % change in quantity / change in price b. price/quantity c. % change in price / % change in quantity d. % change in quantity / % change in price