VMI ______.
A. stands for vendor-managed inventory
B. is a process in which inventory is completely eliminated
C. incorporates the push concept
D. makes it easier to meet quality control requirements
A. stands for vendor-managed inventory
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A firm's AFN must come from external sources. Typical sources include short-term bank loans, long-term bonds, preferred stock, and common stock.
Answer the following statement true (T) or false (F)
If a company's earnings per share and return on equity both increase:
A. it could mean that net income is rising or it could mean that the number of outstanding shares is falling. In either case, stockholders can expect greater future returns indefinitely. B. it means that the company is becoming more profitable and stockholders will see greater returns. C. it means that the company's tax liability will rise in the future and cause a decline in profitability. D. it could mean that net income is rising or it could mean that the number of outstanding shares is falling. The first is sustainable; the second cannot be continued indefinitely.
Over the past twenty years, the cost of medical care has
A) risen about twice as much as the average price of all other prices. B) matched the rise in the average price of all other goods. C) remained relatively constant. D) steadily fallen because of technological advances in medical treatment.
The person who creates a trust is called a(n)
a. beneficiary. b. settlor or trustor. c. trustee. d. executor or administrator.