A favorable balance of payments exists when more money is flowing ____________________ the country than ____________________ of the country.

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


into, out

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A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will

a. both decrease b. both increase c. increase and remain the same, respectively d. remain the same and decrease, respectively

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Leon is the creative director for an agency that has just been hired by a manufacturer of golfing equipment to create a new advertising campaign for the company's titanium clubs. Before developing any creative ideas, Leon reads some golfing magazines and spends time talking to friends and co-workers who play golf. These activities are part of the ________ step of the creative process outlined by Graham Wallas.

A. verification B. preparation C. incubation D. illumination E. revision

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Liquidity problems with receivables and/or inventory means that the current ratio needs to be much higher than when there are no such liquidity problems

Indicate whether the statement is true or false

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The art and science of choosing target markets and building profitable relationships with them is called ________

A) marketing management B) positioning C) marketing mix D) market offering E) differentiation

Business