Which of the following best describes a company's financing activities?
a. Financing activities focus on the sale of products and services.
b. Financing activities include selling products.
c. Financing activities enable a company to acquire assets needed to run a business.
d. Financing activities are represented by the revenues and expenses on the income statement.
c
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As the newest employee, Ava took the initiative to introduce herself to all her new co-workers first. Ava is demonstrating which habit?
A. habit 1: be proactive B. habit 2: begin with the end in mind C. habit 4: think win-win D. habit 7: sharpen the saw
Which of the following is considered an unstructured decision or strategic decision?
A. Creating the employee weekly staffing schedule B. Reordering inventory C. Deciding to enter a new market D. Creating the employee weekly production schedule
The following information applies to Acorn Construction Company (ACC):?Year 2Year 1Net sales$ 880,000$ 600,000Income before interest and taxes127,50084,000Net income59,00052,000Interest expense24,50015,000Stockholders' equity, December 31810,300725,000Common stock750,300700,000Preferred stock dividends24,00024,000Information on the number of shares outstanding is provided below:Avg. # of shares outstanding Year 138,000Avg. # of shares outstanding Year 233,000Required:Compute the following ratios for ACC for Year 2 and Year 1:(a) Number of times interest is earned(b) Earnings per share(c) Price-earnings ratio (Market prices: Year 2 $17.50 per share, Year 1 $15.00 per share)(d) Return on equity(e) Net margin.
What will be an ideal response?
An express warranty may consist of a sample
a. True b. False Indicate whether the statement is true or false