In some cultures, maintaining eye contact is not important and may even be considered impolite

Indicate whether the statement is true or false


True

Business

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In the second stage of the retail life cycle, innovative retailers expand their geographic bases of operations and newer firms enter the field

Indicate whether the statement is true or false

Business

Comprehensive Form (HO-5) provides all risks coverage on both the dwelling and personal property

Indicate whether the statement is true or false.

Business

A firm with the following investment opportunities has a capital budget of $10,000. According to the net present value technique, which investment(s) should the firm make if the firm's cost of capital is 10%??                                   Investment                                A              B              C       Cost              $10,000     $7,000      $3,000       Cash inflow  $12,000     $8,600      $4,000 ?

What will be an ideal response?

Business

Which of the following statements is true of current ratio?

A. The larger a firm's current ratio, the harder it is for the firm to pay its short-term debts. B. The current ratio is a type of leverage ratio.  C. A current ratio that is below 1.0 signifies a company's inability to pay its short-term liabilities with its current assets. D. The current ratio is computed by dividing a firm's current liabilities by its current assets.

Business