Investment companiesthat use the money provided by savers to invest in various types of financial assets, including stocks and bonds, are called _____.
A. commercial banks
B. investment banks
C. credit unions
D. mutual funds
E. thrift institutions
Answer: D
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Why is it important to use positive words or phrases, rather than emphasizing the negative in a customer service environment?
What will be an ideal response?
A phone ringing in the audience is an example of
a. channels. b. noise. c. dimensions. d. sound.
Norton Company reported total sales revenue of $55,000, total expenses of $45,000, and net income of $10,000 on its income statement for the year ended December 31, 2010 . During 2010, accounts receivable increased by $4,000, merchandise inventory increased by $6,000, accounts payable decreased by $2,000, and depreciation of $18,000 was recorded. Therefore, based only on this information, the net
cash flow from operating activities using the indirect method for 2010 was: a. $30,000 b. $10,000 c. $16,000 d. $19,000
The following statements are true regarding the operating cycle of a merchandising company except:
A. The operating cycle ends with the collection of cash from the sale of merchandise. B. The operating cycle sometimes involves accounts receivable. C. The operating cycle can vary in length among different merchandising companies. D. The operating cycle begins with the purchase of merchandise. E. The operating cycle is shortened by credit sales.