What type of a credit card is issued in partnership with a specific charity or organization, such as Mothers Against Drunk Driving (MADD), the National Rifle Association (NRA), or a college or university?

A) Prestige card
B) Affinity card
C) Travel and entertainment card
D) Social responsibility card


Answer: B

Business

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The price-earnings ratio is calculated by dividing:

A. Dividends per share by earnings per share. B. Market value per share by earnings per share. C. Market value per share by dividends per share. D. Dividends per share by market value per share. E. Earnings per share by market value per share.

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Indicate whether the statement is true or false

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A decline in a firm's inventory turnover ratio suggests that it is improving both its inventory management and its liquidity position, i.e., that it is becoming more liquid.

Answer the following statement true (T) or false (F)

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Indicate whether the statement is true or false

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