Which of the following is a characteristic of a product or good (i.e., not a service)?
a. helps to transform the customer physically or psychologically
b. is intangible
c. can be inventoried (i.e., produced and used later)
d. always requires a high degree of customer contact
c. can be inventoried (i.e., produced and used later)
You might also like to view...
Answer the following statements true (T) or false (F)
1. The current ratio is calculated as total current assets divided by total current liabilities. 2. A high current ratio indicates that current liabilities are greater than current assets. 3. The cash ratio helps to determine a company's ability to meet its short-term obligations using cash and cash equivalents. 4. The acid-test ratio measures a company's ability to pay all its current liabilities if they came due immediately. 5. Merchandise inventory and prepaid expenses are excluded from the acid-test ratio.
Equity financing does not require:
A. Collateral B. Interest payment C. Equity give-up D. Both A + B
A symbol can serve as a valid signature
Indicate whether the statement is true or false
Compared with other developed countries, the U.S. is particularly reliant on foreign trade for
self-subsistence. Indicate whether the statement is true or false