Which of the following statements best represents what finance is about?
A) How political, social, and economic forces affect corporations
B) Maximizing profits
C) The study of how people and businesses make investment decisions and how to finance those decisions
D) Reducing risk
Answer: C
You might also like to view...
National Storage Company had sales of $1,000,000, sales discounts of $2,500, sales returns and allowances of $15,000, and cost of goods sold of $525,000. Calculate National's gross profit.
What will be an ideal response?
Which of the following statements is most likely true about conducting business in China?
A) Take the initiative and move quickly to close deals. B) Bow slightly and shake hands when greeting others. C) Making a toast during a banquet is considered bad luck. D) The lowest ranking person in a room should be introduced first. E) Handkerchiefs and clocks are appropriate gifts that suggest good luck.
Adjustment messages that grant customers' claims should be written using the _________ organizational pattern
Fill in the blank(s) with correct word
The 1934 Securities Exchange Act regulates the conduct of brokerage companies, but not publicly traded companies
Indicate whether the statement is true or false