Which of the following is true of current assets?

A. They include the long-term assets of a firm.
B. They are resources that a firm expects to use up within a year.
C. They include a firm's tangible assets, such as machinery and equipment.
D. They are resources that a firm decides to set aside to pay its long-term liabilities.


Answer: B

Business

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By effectively managing channel partner relationships, retail and service pricing can be kept down.

Answer the following statement true (T) or false (F)

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In order to find the lowest cost ordering policy in a quantity discount model, you must compare the holding cost, ordering cost, and the price per unit for various order quantities

Indicate whether the statement is true or false.

Business

X Corporation owns 80 percent of Y Corporation's common stock and 40 percent of Z Corporation's common stock. Additionally, Y Corporation owns 35 percent of Z Corporation's common stock. The acquisitions were made at book values. The following information is available for 20X8:  XYZOperating Income$100,000 $50,000 $25,000 Dividends declared 30,000  20,000  10,000 Based on the information provided, what amount of consolidated net income will X Corporation report for 20X8?

A. $158,750 B. $148,750 C. $175,000 D. $150,000

Business

Give examples of each of the four primary management activities in the context of a national pizza franchise. 

What will be an ideal response?

Business