Revolving credit agreements are ________
A) guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time
B) non-guaranteed loans that specify the maximum amount that a firm can owe the bank at any one time
C) credit arrangements made in cooperation with suppliers that allows a firm to roll over accounts payable each month
D) short-term, unsecured promissory notes issued by a firm with a high credit standing
A
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Which of the following is not a disadvantage of nonhierarchical clustering procedures?
A) The number of clusters must be pre-specified. B) The selection of cluster centers is arbitrary. C) The procedures do not work well when the clusters are poorly defined. D) All of the above are disadvantages.
Setting up a marketing information system can be valuable to marketing managers because
A. a company that can't afford marketing research should at least have a marketing information system. B. market-oriented managers can always use more data. C. most market-oriented companies only need a certain type of information once or twice. D. marketing research data is rarely as accurate as data from a marketing information system. E. most companies have a great deal of useful information, but it often isn't available or accessible when the manager needs it.
Which of the following is a source of capital for entrepreneurs?
a. equity b. debit c. auto leasing d. mortgages
Which of the following entity(ies) is(are) considered flow-through entity(ies)?
A. Certain types of Estates. B. Non-profit corporations. C. Sole proprietorship. D. C corporation.