All of the following are long-term debt financing sources EXCEPT:
a. SBA guaranteed loans
b. promissory notes
c. stocks
d. bonds
e. leverage
c. stocks
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Marston Corporation uses the FIFO method in its process costing system. The equivalent units of production for March for conversion costs totaled 37,500 units. The beginning work in process inventory in March consisted of 15,000 units, 60% complete with respect to conversion costs. The ending work in process inventory in March consisted of 10,000 units, 75% complete with respect to conversion costs. The number of units started during the month was:
A. 41,500 units B. 72,500 units C. 34,000 units D. 25,000 units
Non-financial measures are generally more indicative of productive activity than are financial performance measures
Indicate whether the statement is true or false
The organization must define and describe the key customers, the customers’ requirements, the organization’s market segment, and competitors as part of process monitoring.
a. True b. False
Over the 50-year period from 1950 to 1999, 3-month Treasury bills earned a positive average annual rate of return in each year
Indicate whether the statement is true or false.