Answer the following statements true (T) or false (F)
1. Cash should have a higher required return than accounts receivable because it is more liquid.
2. Inventory should have a higher required return than cash because it is less liquid.
3. Liquidity of an asset has nothing to do with measuring the required rate of return on the asset.
1. FALSE
2. TRUE
3. FALSE
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Baxter Company reported a net loss of $13,000 for the year ended December 31 . During the year, accountsreceivable decreased by $5,000, merchandise inventory increased by $8,000, accounts payable increased by$10,000, and depreciation expense of $4,000 was recorded. During the year, operating activities
a. provided net cash of $8,000 b. provided net cash of $2,000 c. used net cash of $8,000 d. used net cash of $2,000
In the listening model, _____ is the act of using retained and interpreted sounds
Fill in the blank(s) with correct word
In the context of the dimensions of the business environment, which of the following is true of the competitive environment?
A. Getting current customers to buy more of one's products is very expensivefor a firm. B. Convincing potential customers to try one's products for the first time can be quite easy for a firm. C. Unlike current customers, potential customers can be turned into loyal advocates. D. Vocal promoters of a firm's products can get the firm new customers effectively.
The percentage of the last dollar you earn that goes toward your taxes is your
A) tax deferral rate. B) base tax rate. C) average tax rate. D) marginal tax rate.