When evaluating credit, a customer who has paid all bills on time and has favorable credit

references from other creditors is said to have

A) capacity. B) collateral.
C) creditworthiness. D) character.


D

Business

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Businesses create a lot of knowledge for their owners and that knowledge has no intrinsic value.

Answer the following statement true (T) or false (F)

Business

Company A's current assets = $10,000, total assets = $26,000, current liabilities = $7,000 and total liabilities = $47,000. What is Company A's current ratio?

A) $3,000 B) $21,000 C) 1.43 D) 0.55

Business

_____ generally includes all purchasing activities, plus the monitoring of all elements of purchase transactions

a. Procurement b. Logistics c. Distribution d. Sales

Business

Deliberately selling a product below its customary price, not to increase sales, but to attract customers' attention in hopes that they will buy other products as well, is referred to as

A. predatory pricing. B. loss-leader pricing. C. bundle pricing. D. magnet pricing. E. below-market pricing.

Business