A contingent liability is a potential obligation that is based on uncertainties surrounding future technologies and natural disasters.
Answer the following statement true (T) or false (F)
False
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Business entities generally carry on:
a. Operating, investing, and financing activities b. Operating activities, but only corporations engage in financing and investing activities c. Investing and operating activities, but only corporations engage in financing activities d. Either investing or financing activities, but not both
A local distributor for a Belgian chocolate manufacturer expects to sell 12,000 cases of chocolate truffles next year. The annual holding costs for the truffles are $16 per case per year. The ordering cost is $60 per order. The distributor operates 320 days a year. Then ______.
a. the EOQ is 200 b. the EOQ is 300 c. the EOQ is 400 d. the EOQ is 500
Bronson Building Products Inc estimates that FCFF in the coming year will be $1,600,000, year two will be 15% greater than year one, and year three will be 10% greater than year two. Bronson has a cost of capital of 12%
Estimate the firm's terminal value FCFF as of year three if cash flows are estimated to continue to increase at a rate of 5% indefinitely. What is the overall estimated (present) value of the firm?
Parents are always liable for the contracts made by their minor children.?
Indicate whether the statement is true or false