In finance, we assume that investors are generally
A) neutral to risk.
B) averse to risk.
C) fond of risk.
D) none of the above.
Answer: B
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Axley (1996) uses the following four criteria for evaluating communication methods:
a. speed, reach, interactivity, and richness. b. reach, interactivity, richness, and social presence. c. speed, interactivity, richness, and ability to document messages. d. reach, richness, social presence, and ability to document messages.
Negligence concerns harm that:
a. is unforeseeable. b. arises intentionally. c. arises by accident. d. is always substantial.
Mei Company uses the direct method to prepare its statement of cash flows
Refer to the following information reported for 2017: Cost of Goods Sold, $150,000 Merchandise Inventory, beginning balance, $26,000 Merchandise Inventory, ending balance, $64,000 Accounts Payable, beginning balance, $8,100 Accounts Payable, ending balance, $5,000 Operating expenses, $31,000 Accrued Liabilities, beginning balance, $2,500 Accrued Liabilities, ending balance, $6,400 Use the direct method to compute the cash paid to suppliers. (Accrued Liabilities relate to operating expenses.) A) $162,800 B) $164,000 C) $191,100 D) $218,200
Life insurance often used to fund business buyouts is called
a. key person insurance. b. a buyout annuity. c. business term insurance. d. business liability insurance.