Which of the following is a method by which a firm can obtain financial resources to invest in capital?
a. use of retained earnings
b. borrowing from financial intermediaries
c. selling stocks or bonds
d. all of the above
d
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In one day, Sue can change the oil on 20 cars or change the tires on 20 cars. In one day, Fred can change the oil on 20 cars or change the tires on 10 cars. Sue and Fred can gain from trade if Sue changes the ________ and Fred changes the ________
A) tires; oil B) oil; oil C) oil; tires D) tires; tires
Empirical economics refers to the
A. exclusion of irrelevant data when analyzing a model. B. belief that what is true for a part is necessarily true for the whole. C. model of economics used prior to the Industrial Revolution. D. collection and use of data to test economic theories.
In 2011, these states saw challenges to the collective bargaining rights of their teachers.
A. Nevada and Texas B. Alabama and Florida C. New York and California D. Wisconsin and Indiana
Labor unions create a rent when they succeed. This rent forces employers or management to return some of their profits to unionized workers in the form of improved working conditions, health benefits or increased wages
Indicate whether the statement is true or false