Which of the following is true of long-term funds?

A) They provide an easy way to reduce financing costs because they are relatively cheaper than short-term funds.
B) They are a type of investment fund which invests in money market investments of high quality and low risk.
C) They are the sources that supply the financing necessary to support a firm's capital budgeting activities.
D) They are the funds available to a business on the basis of inventory held and require detailed inventory tracking.


C

Business

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a. Practical functions b. Personal growth functions c. Decision-making functions d. Social functions e. Intellectual functions

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_______ describes the cognitive, affective, and behavioral stages that a customer goes through during the purchasing process

a. Integrated marketing communications (IMC) b. Response hierarchy models c. Market database d. Prospecting plan

Business

An analysis in which all the components of an income statement are expressed as a percentage of net sales is called:

A) vertical analysis. B) horizontal analysis. C) liquidity analysis. D) common-size analysis.

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Use the information in Table J.15. What is the makespan through both machines if Johnson's rule is used?

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Business