Short-term debt has a greater risk of illiquidity than long-term debt because it must be rolled over
more frequently and its use creates more uncertainty concerning future interest rates.
Indicate whether the statement is true or false
TRUE
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Calculate the rate of return on total assets for 2019. (Round your answer to two decimal places.)
Walton, Inc. provides the following data:
Additional information for the year ending December 31, 2019:
A) 45.36%
B) 62.50%
C) 70.43%
D) 51.38%
During an inflationary period, ________ is higher in LIFO than in FIFO
a. the ending inventory b. the cost of goods available for sale c. total assets d. the cost of goods sold
The letter address
a. precedes the dateline. b. omits all personal and professional titles. c. includes the writer's full address. d. includes a courtesy or professional title of the recipient.
Which of the following is generally NOT a defense to a claim against a manufacturer under 402A?
a. Contributory negligence on the part of the plaintiff. b. Express voluntary assumption of the risk. c. Misuse or abuse of the product. d. Subsequent alteration of the product by the plaintiff.