The creation of value is driven by what factors?
A) Cash flow and growth
B) Growth and risk
C) Profitability and growth
D) Reducing risk
B
Explanation: B) The primary goal of a firm is value creation, and that the creation of value is driven by two key factors: growth and risk.
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Accountants should be aware that LIFO liquidations can potentially result in which of the following?
a. If older less costly layers are liquidated, a correspondingly lower cost of goods sold will result. b. If older less costly layers are liquidated, the company may be faced with higher taxes for those deferred in previous periods. c. If older less costly layers are liquidated, a correspondingly higher gross profit will result. d. All of these could result.
The price skimming strategy involves entering the market with a low initial price
Indicate whether the statement is true or false
Please (lay, lie) the box of (stationary, stationery) on the secretary's desk
What will be an ideal response?
The receivables turnover is expressed as a percentage
Indicate whether the statement is true or false