The current portion of long-term debt is a balance sheet item for Flavorful Products Company. How would it most likely be classified on the balance sheet?
a. Current liability
b. Long-term liability
c. Current asset
d. Long-term liability
a
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The ability to pay bills when due and to meet unexpected needs for cash most closely describes
a. cash flow adequacy. b. long-term solvency. c. liquidity. d. profitability.
What are measures of age, gender, race, income, and geography called?
A. marketing targets B. personal attributes C. behavioral measures D. demographic variables
Treasury stock or treasury shares are shares a firm has previously issued and later reacquired. Which of the following is/are not true?
a. Some firms believe that their own shares provide a good investment. b. Evidence supports the notion that share prices often increase after a firm announces a share repurchase program. c. Share repurchases reduce common shareholders' equity and increase the proportion of debt in the capital structure, making the firm more risky and therefore less attractive to an unfriendly bidder. d. Some firms even borrow cash to repurchase shares, which affects the debt ratios even more than using already available cash to reacquire shares. e. Share repurchases use up available cash and thereby increase the attractiveness of the company to outsiders who believe that the stock buy back makes the company an attractive target.
Disgust reflects which moral foundation?
A. care/concern B. purity/sanctity C. authority/respect D. fairness/justice