Financial institutions and markets are the organized financial intermediaries and the forums that promote the cycle of money

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Which of the following is not true about chlorofluorocarbons (CFCs)?

a. They deplete the ozone layer. b. By 1985, scientists believed that the release of CFCs into the atmosphere had caused a hole in the ozone layer in the stratosphere. c. There are no synthetic substitutes for CFCs. d. CFCs are extremely potent greenhouse gases.

Business

Alexander Corp. has the following balances as of December 31, 2017

Total Assets $110,000 Total Liabilities 67,000 Total Equity 43,000 Calculate the debt to equity ratio. (Round your answer to two decimal points.) A) 0.64 B) 0.92 C) 1.56 D) 2.56

Business

If a firm increases its current assets relative to total assets, ________

A) it increases return and reduces risk B) it increases return and increases risk C) it reduces return and reduces risk D) it reduces return and increases risk

Business

The uniform product codes (UPCs) used by supermarkets and other retailers are examples of a(n) ______________________________ coding scheme.

Fill in the blank(s) with the appropriate word(s).

Business