Which one of the following statements is true?

a. The two primary sources of financing available to corporations are borrowed funds and funds invested by owners.
b. Financing activities involve the acquisition of property, plant and equipment.
c. Borrowed funds are a more permanent source of financing than funds invested by owners.
d. Investing activities involve the selling of products or services and the incurring of expenses related to selling these products and services.


a

Business

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What will be an ideal response?

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Which of the following is NOT an example of professional courtesy?

A. Danny refrains from discussing his company's recent legal trouble with his friends. B. Patrick arrives at his boss's dinner party without first confirming through RSVP. C. Terry writes a thank-you note to a colleague who helped with her daughter's school admission D. Jennifer acknowledges her colleague's birthday invitation as soon as she receives it.

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A prospect that does not question price, service, warranty, and delivery concerns is probably interested in buying a product or service.

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

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For a stock to be in equilibrium, two conditions are necessary: (1) The stock's market price must equal its intrinsic value as seen by the marginal investor, and (2) the expected return as seen by the marginal investor must equal his or her required return.

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

Business