Trading securities are securities that are purchased by trading securities with other companies rather than by paying cash.
Answer the following statement true (T) or false (F)
False
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A systematic method for describing, analyzing, interpreting, and evaluating the persuasive force of messages is known as ______.
A. content analysis B. experimental research C. rhetorical criticism D. survey research
Utility created when a firm converts raw materials into finished products that are desired by the market is called ________ utility.
A. time B. place C. form D. price E. ownership
Crafting an Effective Claim Request Analyze the following routine claim letter and make needed revisions. Dear Mr. Ortiz: Eight months ago, I purchased the Wireless-G Broadband Router (2.4 GHz), Model No. WRT54G, from your company. After only eight
months of use, it no longer works. It quit working while I was in the middle of a huge project, and the delay cost me hundreds of dollars. Since this product came with a year warranty, I am upset that it quit working after less than a year. It must be defective. I have the receipt for purchase and want a replacement immediately. The router problem has already cost me time and money. If I don't receive a replacement or refund immediately, I will not buy your products in the future. Please send a replacement router via express delivery to the address on this letterhead. Thank you.
Chestnut, Inc. reported the following balances on its balance sheet at December 31, Year 1: Total Assets $460,000 Total Liabilities $ 170,000 Common Stock160,000 Retained Earnings130,000 Total Equity 290,000 Total Liabilities and Equity $460,000 On January 1, Year 2, Chestnut purchased equipment for $40,000 on account. What is the company's debt-to-assets ratio immediately after the purchase of the equipment?
A. 0.46 B. 0.42 C. 0.34 D. 0.37