The purchase of equipment is an example of:
a. An investing activity.
b. A financing activity.
c. An operating activity.
d. None of these are correct.
a
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Assume that you and your best friend have decided to form a partnership after graduation. You have both studied business law, so you both know the importance of having a written partnership agreement. Summarize the clauses that you would include in your partnership agreement
Which of the following statements is generally NOT true?
A) A firm should attempt to match the nature of a project with the duration of the financing it needs. B) Short-term debt usually carries lower interest rates than long-term debt with comparable default risk. C) Issuing variable rate debt increases financial uncertainty relative to issuing fixed-rate debt. D) All of the above statements are true.
With respect to the major participants in the advertising and promotions process, which of the following participants include sales promotion agencies, digital/interactive agencies, and public relations firms?
A. collateral service agencies B. specialized marketing communications services agencies C. advertising agencies D. bait-and-switch marketing service agencies E. media organizations
The realized return to a bank from a combined cash and futures market trading operation is composed of which of the following elements?
A. Returns earned in the cash market B. Profit or loss from futures trading C. Difference between the opening and closing basis between cash and futures markets D. All of the options are correct E. Profit or loss from futures trading and the difference between the opening and closing basis between cash and futures markets