The managers of a business have the dual objective of generating net income (profitability) and keeping the enterprise solvent (liquidity)

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

Which of the following is true of the U.S. Census Bureau data?

A) It can be used to identify heavy users of specific products. B) It includes information about the use of over 8,000 brands. C) The full data collection process occurs only every 10 years. D) The data is only available to paying subscribers. E) It can be used to search for information from major media outlets.

Business

Which is true of early technical support efforts?

A. Supporting technology was a primary focus of most companies. B. Developers developed software while analysts handled support issues. C. Users often had no idea of whom to call for support questions. D. Recurring problems were quickly identified and resolved.

Business

Which statement BEST describes deductive reasoning?

a. It eliminates the need for statistical analysis. b. It is based on the logical syllogism: major premise, minor premise, and conclusion. c. It has little application in the interpretation of business research data. d. It allows a valid conclusion to be sustained by a false minor premise.

Business

The Enterprise Value-to-EBITDA model of valuation is a RELATIVE valuation approach

Indicate whether the statement is true or false

Business