How is a ‘supply led’ market characterised?
a. there is a surplus of goods for sale
b. there is a shortage of goods for sale
c. there is an exact match between goods available for sale and goods wanted for purchase
d. there are no goods available
e. there are too many suppliers
b. there is a shortage of goods for sale
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Persuasive topics that attempt to show an audience that something is good or bad, right or wrong are topics of
A) fact B) value C) policy D) cause-effect
What are the advantages and disadvantages of using a multichannel distribution system?
What will be an ideal response?
What is the correct order of the following events in the accounting process? I. Financial statements are prepared. II. Adjusting entries are recorded. III. Nominal accounts are closed
a. I, II, III b. II, I, III c. III, II, I d. II, III, I
Which of the following is NOT correct?
a. The after-tax cost of debt for a firm with losses is equal to the interest rate on the debt. b. Firms always pay dividends on their common stock issues because of the ease with which common shareholders can assume control of the firm. c. Flotation costs for preferred stock are higher than for debt. d. Most debt is placed privately and thus there is no flotation cost.