How does paying a liability in cash affect the accounting equation?
A) assets increase; liabilities decrease
B) assets increase; liabilities increase
C) assets decrease; liabilities decrease
D) liabilities decrease; owner's equity increases
C
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If demand is unstable, as it often is in the introductory and growth stages of the product life cycle, it might be best for a firm to use a
A. pull strategy. B. push strategy. C. demand strategy. D. supply strategy. E. forecast strategy.
When first established, the Consumer Product Safety Commission promulgated a number of mandatory safety standards
a. True b. False Indicate whether the statement is true or false
When computing an interest or growth rate, the rate will decrease with an increase in future value, holding present value and the number of periods constant
Indicate whether the statement is true or false