The person who makes a promise is the promisee
Indicate whether the statement is true or false
False
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The following is NOT a major component of the financial statements:
a. auditor's opinion b. annual report c. explanatory notes d. balance sheet
Which of the following is not a bene?t of instant messaging?
A) Less intrusive than a phone call. B) Less personal than e-mail. C) Increased speed of communication. D) Allows for multitasking.
Lilly's Corporation has working capital of $620,000, and Harmon Corporation has working capital of $840,000. Which of the following statements is incorrect?
A. If Lilly Corporation is smaller than Harmon or has lower current liabilities; Lilly could be more liquid than Harmon. B. Since working capital is an absolute amount, other factors such as size of the company and materiality will help to determine liquidity of these two companies. C. Since Harmon's working capital exceeds Lilly's working capital, it is safe to conclude that Harmon is more liquid than Lilly. D. None of these answers is correct.
______ angels are successful entrepreneurs who want active involvement in the companies they invest in
a. Entrepreneur b. Professional c. Enthusiast d. Micromanagement