The key to creditworthiness is to maintain your debt safety ratio at 50% or above.

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


False

Rationale: Most experts regard the 20% figure as the maximum debt burden and strongly recommend a debt safety ratio closer to 10% or 15%-perhaps even lower if you plan on applying for a new mortgage in the near future. See 6-1: The Basic Concepts of Credit.

Business

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The definition of a sunk cost is

a. a cost that cannot be recovered regardless of what happens. b. a cost that relates to money poured into the ground. c. considered the original cost of an item. d. also known as an opportunity cost.

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Which of the following is a defining characteristic of a problem-solving team?

A) It manages its own activities and requires minimal supervision. B) It is composed of managers and employees within a single functional department. C) It is assembled to find ways of improving quality, efficiency, or other performance measures. D) It is a team that uses communication technology to bring together geographically distant employees to achieve goals. E) It typically deals with regularly recurring tasks, such as addressing employee grievances.

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When Walgreen's uses cables across the road as "traffic counters" to determine the density of traffic near a possible retail store location, what type of observation is being used?

A. contrived observation B. mechanical observation C. human observation D. content analysis

Business

Discuss the components involved in the "I" message developed by Tom Gordon

Business