The bankruptcy trustee is appointed to represent the interests of creditors in a bankruptcy proceeding.

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


False

The trustee is charged with the duty of collecting the debtor's available assets, known as the bankruptcy estate, and reducing them to cash for distribution, preserving the interests of both the debtor and the creditors.

Business

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DuPont analysis can be done with net income or operating income figures as long as the related asset base is consistent

Indicate whether the statement is true or false

Business

The prospect stands up after the sales presentation and says, "Your electronic vending machine seems to be very sophisticated, but we are highly satisfied with the models we are currently using. Thanks for coming by." Which objection is being used by the prospect?

A. Hidden B. Forestalling C. No-need D. Source E. Anticipatory

Business

What is a value chain? And what relationship is there between the value chain and activity-based management?

What will be an ideal response?

Business

The customer equity concept

A. focuses on earnings as well as sales. B. recognizes that customers are satisfied at a cost. It is basically an estimate of a firm's future earnings. C. encourages a manager to consider both the costs and the revenue from a marketing strategy. D. applies even to firms that pursue several different strategies. E. All of these are part of the customer equity concept.

Business