For a typical firm expecting higher sales, external financing needed will be greater than
discretionary financing needed.
Indicate whether the statement is true or false
TRUE
You might also like to view...
China is the first BRICS nation in the upper-middle-income category with a GNI per capita income of $6,560 in 2013
Indicate whether the statement is true or false
A company had interest expense of $7800, income before interest expense and income taxes of $19,200, and net income of $9600. The company's times interest earned ratio equals:
A. 0.81. B. 1.23. C. 2.46. D. 2.00. E. 0.41.
Answer the following statements true (T) or false (F)
1. A managerial task is to set employee performance standards; the achievement of appropriate standards is its own reward. 2. One employee at one moment of truth cannot possibly destroy a guest’s perception of an entire hospitality organization. 3. Managers should reinforce the positive and coach away the negative. 4. Organizations can benefit from thinking of their customers as employees. 5. The most highly developed applications of guestology can be found in the service-environment area.
Extraordinary repairs are recorded with a debit to Accumulated Depreciation
Indicate whether the statement is true or false