____________________ are assets whose physical substance consists of natural resources that are consumed in the operation of the business
Fill in the blank(s) with correct word
Wasting assets
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Some biologists study the complex interactions of animals and plants in forests or prairies. Such ecology field research often produces slightly different results for different researchers. In contrast, ecology experiments that are run indoors with one organism in a terrarium usually produce results that are repeatable. What is the most likely explanation?
A. Field research is only descriptive, and descriptive research is not strictly "science." B. It is easier to hold all but one variable constant in a laboratory. C. Fieldwork is inductive; lab work is deductive. D. The scientific method is only useful in laboratory settings. E. It is not possible to establish a control group outside of a laboratory.
Special Inc reported net income of $150,000 for 2012, but its cash balance decreased $40,000. Which financial statement should Special's management refer to for an explanation of this situation?
A) Balance sheet B) Income statement C) Statement of retained earnings D) Statement of cash flows
Carla sells hot coffee, cider and tea from a sidewalk cart near Wall Street in New York City. Last month she sold $4,500 worth of product to 1,000 customers. She spent $800 on buying her beverages in bulk. Her monthly costs are: Utilities = $100, Salary = $2,000, Advertising = $0, Insurance = $0, Interest = $0, Rent (cart) = $500, Depreciation = $0. What are Carla's fixed costs?
A. $2,000 B. $2,100 C. $2,600 D. $2,700
The ________ ratio measures the extent to which a firm is able to cover its short-term obligations (usually defined as obligations due within the next year) with its short-term assets
A) ROE B) current C) inventory turnover D) working capital