Long-term debt is generally less costly than short-term debt, but also results in more illiquidity

Nhence, the risk-return trade-off.

Indicate whether the statement is true or false


FALSE

Business

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________ is a tort related to defective products in which the defendant has breached a duty of due care and caused harm to the plaintiff

A) Misrepresentation B) Negligence C) Nuisance D) Fraud

Business

Investment Holdings Corporation hires Jerilyn, a business appraiser, to locate investment possibilities for Investment Holdings. Jerilyn learns of a salsa and hot sauce manufacturing company avail¬able for a reasonable price, but neglects to tell Investment Holdings. Most likely, Jerilyn

a. breached the agent's fiduciary duties to the principal. b. did nothing wrong. c. failed to take advantage of a business opportunity. d. assumed that the information was confidential.

Business

Monthly sales at a coffee shop have been analyzed. The seasonal index values are as follows:



The trend line is 74,123 + 26.9t. Assume there is no cyclical component and forecast sales for Year 8 (months 97–108).

Business

Which one of the following is a false statement about the use of employee participation in productivity improvement programs?

A. Participation tends to reduce employee resistance to change. B. Participation increases employee cooperation. C. Many of the ideas contributed by employees have to be discarded because of their tendency to look out for their own best interests, which may be contrary to the best interests of the organization. D. Employees tend to be better informed about certain job aspects than are their supervisors.

Business