Your ability to cover any short-term cash deficiencies is called

A) solvency.
B) wealth.
C) liquidity.
D) cash planning.


Answer: C

Business

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For a change effort to be sustained, it is important that the new ways of behaving are reflected in the ______.

a. status quo b. culture c. coalitions d. ice

Business

Brian recommends that the organization focus on selling its products to people aged 65 and older. Brian is recommending the ________ strategy.

A. senior B. cost leadership C. differentiation D. niche E. None of the above

Business

Determine the WACC for Cranston Retail Inc. the firm has a before-tax cost of debt of 6.50%, a cost of equity of 11.50%, and a tax rate of 30.00%

The firm finances 40% of its assets with debt and 60% with equity. Further the risk-free rate is 3.00% and the firm has a beta of 1.20. A) 8.15% B) 8.72% C) 9.06% D) 10.14%

Business

The dissolution of a corporate form, making it back into a sole proprietorship or general partnership, if the court finds that the owner carelessly mixed up personal and business assets or finances is known as:

A. piercing the veil. B. adverse possession. C. easement. D. nonfeasance.

Business