Which of the following statements regarding financial analysis is true?
a. Financial analysis should be performed by only managers and creditors.
b. Financial analysis will show how a company is guaranteed to perform in the future.
c. Financial analysis should not be relied upon as an indicator of future performance.
d. Financial analysis provides supplemental information not provided directly by the financial statements.
d
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Which of the following completely eliminates the risk of nonpayment by an importer or a bank in an international transaction?
A) documentary credit (letter of credit) B) documentary collection C) cash in advance D) sales on open account E) draft
From a security viewpoint, a false acceptance is always worse than a false rejection
Indicate whether the statement is true or false.
Which of the following statements is most likely true of free-rein followers?
A. They usually do their best work on special assignments and independent projects. B. They usually do their best work when job duties are spelled out and direct orders are given. C. They usually are upset by leaders who ignore the open-door policy and show little concern for people's feelings. D. They usually perform well on task forces, committees, and other work teams.
"As the supply and demand curves are dynamic, so is the equilibrium point." Explain this statement with an example
What will be an ideal response?