Capital markets are for investors who want a safe temporary place to deposit funds where they can earn interest and for borrowers who have a short-term need for funds
Indicate whether the statement is true or false
FALSE
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Which of the following statements is true of secondary data?
A. Getting information through secondary data is time-consuming. B. Secondary data will not fit the research problem exactly. C. A specific answer to a research problem will be possible using secondary data alone. D. Secondary data are relatively more expensive. E. Secondary data are current.
Braun Schiffer is a maker of high-quality audio speakers. It is on the verge of launching a new
range of high-powered, yet extremely compact, speakers. The fixed overhead costs for production of these speakers is estimated at $400,000. The costs producing a single unit is $200. The company prices these speakers at $400. The sales forecast projects that 1,800 units will be sold by the end of the first year, 4,200 more in the second year, and 2,500 during the third year after launch. At what point of time is the company most likely to break even? A) twelve months B) eighteen months C) fifteen months D) six months
When preparing the operating activities section of the statement of cash flows using the indirect method, expenses with no cash outflows are added back to net income.
Answer the following statement true (T) or false (F)
The income from continuing operations helps investors make predictions about the company's past performance
Indicate whether the statement is true or false