Indicate whether each of the following statements about lines of credit is true or false. ________ a) Line-of-credit agreements generally involve a fluctuating rate of interest.________ b) A line-of-credit agreement allows a company to borrow on an as-needed basis.________ c) Interest rates on line-of-credit agreements are often pegged to the consumer price index.________ d) The signing of a line-of-credit agreement is an asset source transaction.________ e) The expense recognition for the payment of monthly interest is an asset exchange transaction.
What will be an ideal response?
a) T b) T c) F d) F e) F
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_____________are items which are readily convertible into a known amount of cash and have an original maturity to the investor of three months or less
Fill in the blank(s) with correct word
Which of the following contribute to conflict's destructive image?
A. increased communication B. minimized differences; magnified similarities C. clarifying issues D. misperception and bias
Which of the following statements is true of an elevator pitch?
A. It does not sound like a sales pitch. B. Its goal is to sell the idea of a business to another. C. It is a summary of the business, its business models, and immediate goals. D. It is shorter than a vision statement or tagline.
Why is the profitability index a better basis than net present value to compare projects that require different levels of investment?