Accruals are generally considered free debt in the sense that no explicit interest is paid on funds "raised" through them.
Answer the following statement true (T) or false (F)
True
Accruals increase (decrease) automatically, or spontaneously, as a firm's operations expand (contract). This type of debt generally is considered "free" in the sense that no explicit interest is paid on funds raised through accruals. See 14-4: Sources of Short-Term Financing
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Chelsea believes that it is ethical for companies to outsource all work to under-developed countries so that the outsourcing companies can pay lesser wages
By doing so, the outsourcing company can reduce manufacturing expenses and, instead, pay its managers higher salaries. Which of the following theories of ethical thought is associated with her beliefs? A) pacifism B) rule utilitarianism C) humanism D) unitarianism
The difference between the early start and late start times and the early finish and late finish times is referred to as?
a. Slack time b. Flexible time c. Strict time d. Cached time
The following information is available for Montrose Company at December 31: Cash in bank account$8,540Petty cash$250Money market fund balance$10,400Checks from customers$1,350NSF checks from customers returned by bank$805Treasury bill maturing in 60 days$10,000Money orders$290A nine-month certificate of deposit maturing on June 30 of next year$6,000Based on this information, the amounts considered Cash and Cash Equivalents, respectively on December 31 are:
A. Cash $19,190; Cash equivalents $16,000 B. Cash $10,430; Cash equivalents $20,400 C. Cash $8,540; Cash equivalents $22,290 D. Cash $11,235; Cash equivalents $26,400 E. Cash $8,790; Cash equivalents $26,400
The risk to a U.S. importer with foreign-currency-denominated accounts payable is that the dollar will depreciate
Indicate whether the statement is true or false