Technical language and lengthy answers are appropriate for interviews because such language validates an expert's knowledge
Indicate whether the statement is true or false
FALSE
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Which of the following would be included in cash flows from operating activities?
A. Cash dividends paid to stockholders. B. Cash received from customers. C. Cash received from an issuance of bonds. D. Cash used for purchases of equipment.
Discretionary financing needs will be lower if ________. Assume "all else equal."
A) the firm's net profit margin increases B) fixed assets are currently at full capacity C) sales increase D) the dividend payout ratio is raised
A member of a limited liability company has a property interest in the property owned by the LLC
Indicate whether the statement is true or false
Which of the following is not an advantage of a CD as a cash management alternative?
A) CDs have fixed interest rates, which are beneficial if interest rates drop. B) CDs offer a wide selection of maturities. C) CDs are insured. D) CDs offer liquidity. E) CDs are convenient to purchase.