A sector fund invests in
A)
one industry.
B)
one kind of security?stocks or bonds.
C)
one foreign country, such as Spain.
D)
one large company, such as Microsoft.
A
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The acid-test ratio is a stricter test of a company's ability to pay its current debts as they are due than the current ratio is
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. There are three parties to a check: the depositor, the maker, and the bank. 2. In addition to the account number, a check shows the 9-digit routing number. 3. The bank statement reports the activity in the customer's account and is issued on an annual basis. 4. The bank statement shows the beginning and ending balances of cash in a bank account, cash receipts and payments, and the names of all individuals who are authorized to sign checks. 5. Banks must return physical copies of the maker's canceled checks.
(Net sales/total assets) equals _____
a. financial leverage b. asset turnover c. cost of goods sold d. profit margin
In chapter 9 of your textbook, which one of the following is defined as the change in the existing state of knowledge?
a. Communication b. Learning c. Knowledge management d. Memory