For a growing firm, external financing needed will most likely be greater than discretionary

financing needed due to increases in accounts payable and accruals.

Indicate whether the statement is true or false


TRUE

Business

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The Equal Protection Clause is implicitly applied to federal government actions

through the Fifteenth Amendment. a. True b. False

Business

How is the price-earnings ratio calculated?

A. The market value of a company's stock divided by average earnings over the past three years B. The price of a company's products as compared to its net income C. Market price per share of stock divided by earnings per share D. The interest rate on borrowed money divided by the current prime rate

Business

Marketing only applies to profit organizations.

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

Business

Bret obtains a fire insurance policy on his rental house with Continental Insurance Company. Like all insurance, this policy is an arrangement for

A. avoiding the assumption of responsibility. B. predicting a potential loss based on unknown factors. C. shifting the imposition of liability. D. transferring and allocating risk.

Business