Finance is the area of business responsible for finding the best sources of funds and the best ways to use them.

a. true
b. false


a. true

Business

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Sensitivity analysis empowers managers with better information for decision making by analyzing how various business strategies will affect profits earned by the company

Indicate whether the statement is true or false

Business

Which of the following accounts does NOT belong in the liability section of a balance sheet?

A) short-term debt B) additional paid-in capital C) long-term debt D) accruals

Business

Briefly describe five techniques (or algorithms) that are used for classification modeling

What will be an ideal response?

Business

During the current year, an estate generates the following income amounts: Rental income $10,000, Interest income 4,000, Dividend income 6,000. The rental income is conveyed immediately to the beneficiary stated in the decedent's will. Dividends of $2,000 are donated to the decedent's church. What amount of federal income tax must be paid by the estate?

What will be an ideal response?

Business