Choose the sentence that is written correctly
A)
The $1 million project to update our computer network will begin shortly.
B)
The $1,000,000 dollars project to up date our computer network will begin shortly.
Answer:
A
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Explain the concept of trial pricing. Why would a retailer implement this pricing strategy?
What will be an ideal response?
For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate terms.A. Component unitB. Financial reporting entityC. Financial accountabilityD. Joint ventureE. Other stand-alone governmentF. Primary government________ 1. A separate government or agency that is combined for purposes of reporting on the whole entity________ 2. The responsibility that exists when a primary government appoints a voting majority of an organization's governing board and it is able to (a) impose its will on the organization or (b) there is a potential for the organization to provide financial benefits or impose a financial burden on the primary government________ 3. A state government, general purpose local government, or special purpose government that
is independent of other state or local governments________ 4. A legally separate governmental organization that does not have a separately elected government body________ 5. Primary government and all related component units What will be an ideal response?
A ratio which measures a company's ability to pay interest on its debt is called the:
A) debt ratio. B) current ratio. C) interest coverage ratio. D) acid-test ratio.
The level of cash a firm holds is irrelevant; it can never be short of cash since a firm is able to raise new money instantly at a fair rate,
while it can never have surplus cash since the firm can invest excess cash at a fair rate to earn a net present value (NPV) of zero. Indicate whether this statement is true or false.