Companies use the cash they generate from operations for investing in ________
a. temporary investments to earn additional revenue
b. long-term investments in the stock of other companies for strategic reasons
c. current operations
d. All of these choices.
d
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A marketing mix strategy is a long-term strategy with a 3- to 5-year time horizon and specific performance objectives
Indicate whether the statement is true or false
The budgeting function begins with the preparation of the direct materials purchases budget
Indicate whether the statement is true or false
Which of the following types of salespeople is essential for selling installations to producers?
A. order takers B. customer service reps C. order getters D. technical specialists E. missionary salespeople
Partnership agreements typically include all of the following, except:
A. Expectations for sharing profits and losses. B. Partner's salary requirements. C. Methods for conflict resolution. D. Shareholder's expectations for a successful business.