?Which of the following increases net working capital?
A. ?an increase in plant financed by issuing bonds
B. ?an increase in bonds and a decrease in equity
C. ?an increase in cash and a decrease in accounts receivable
D. an increase in preferred stock and a decrease in accounts payable?
Answer: D
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Which of the following is a contingent liability?
a. Note payable with interest included in face amount b. Excise tax payable c. Property tax liability d. Disputed additional tax assessment
What advantage does a contracted third-party ethics assist line have over one administered by a company’s internal HR department?
a. It will generally provide better, more targeted advice. b. Employees are likely to feel more comfortable using it. c. It allows direct reporting to the EEOC. d. Employees can raise a wider range of issues through it.
Indicators of a "bust-out" include:
a. the size of orders placed on credit suddenly decrease. b. the company's address is in a well-known commercial district of the city to boost its perceived legitimacy. c. customers have a history of buying goods at unreasonably high prices. d. a sudden change is made in the company's management.
There are no criminal sanctions associated with violations of the Securities Act of 1933
Indicate whether the statement is true or false