Finance is concerned with the process institutions, markets, and instruments involved in the transfer of money among and between individuals, businesses, and government
Indicate whether the statement is true or false
TRUE
You might also like to view...
Researchers who study happiness find that good health, companionship, and enjoyable leisure activities all contribute more to happiness than money does
a. True b. False Indicate whether the statement is true or false
Companies HD and LD have identical tax rates, total assets, total investor-supplied capital, and returns on investors' capital (ROIC), and their ROICs exceed their after-tax costs of debt, rd(1 - T). However, Company HD has a higher debt ratio and thus more interest expense than Company LD. Which of the following statements is CORRECT?
A. Company HD has a higher net income than Company LD. B. Company HD has a lower ROA than Company LD. C. Company HD has a lower ROE than Company LD. D. The two companies have the same ROA. E. The two companies have the same ROE.
Which of the following is one of the UCC's requirements for an instrument to be negotiable:
a. it must be written b. it must state a certain sum of money c. it must be made out "to order" or "to bearer" d. it must be payable on demand or at a specified time e. all of the other specific choices are correct
If the currency of your country is appreciating, the result should be to ______ exports and to _______ imports.
A. increase; increase B. increase; decrease C. -decrease; increase D. decrease; decrease E. not affect; not affect