If you have $5,000 to invest but will need to use the funds in three years to buy a home, you should
A) invest in a diversified stock mutual fund.
B) buy stocks of relatively stable firms that have low risk.
C) buy a three-year CD.
D) put the money in a money market savings account.
Answer: C
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The difference between current assets and current liabilities represents the amount of capital the firm has to work with for current operations
a. True b. False Indicate whether the statement is true or false
All of the following are examples of the dark side of social media for public relations professionals EXCEPT ________
A) blog usage by discontented shareholders, stock manipulators, and angry customers B) secure, unedited sites where employees can discuss corporate policies and strategies C) urban legends about corporate horror stories spread by E-mail D) rogue websites that confront organizations with negative information
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be:
A. $375,000. B. $325,000. C. $500,000. D. $300,000. E. $400,000.
State-regulated economic models discourage price-fixing and collaboration among competitors, especially when a government actually prohibits competition between firms
Indicate whether the statement is true or false