Liquidity is the ability to earn a satisfactory net income
Indicate whether the statement is true or false
False
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Sal has been in the landscaping business for over 40 years. When Jaime, his business partner, suggested adding snow removal as an extra service, Sal responded with "My gut feeling is to say yes because of my experience in the past and what I have seen other companies do over the years, both successfully and not." Sal is acting on _____ in his response to Jaime.
A. a knowledge dilemma B. a business reaction C. a knee-jerk reaction D. unbounded rationality E. intuition
Which of the following does not refer to external setups?
a. can be completed outside of the process b. do not require machinery to be stopped c. do not require the process to be shut down d. do not require the retraining of employees
Assume that you have tried three different forecasting models. For the first, the MAD = 2.5, for the second, the MSE = 10.5, and for the third, the MAPE = 2.7. We can then say:
A) the third method is the best. B) the second method is the best. C) methods one and three are preferable to method two. D) method two is least preferred. E) None of the above
Which of the following is NOT a definition of yield to maturity?
A) investors' required rate of return on a bond investment. B) discount rate that equates present value of future cash flows with a bond's price. C) return that an investor will earn if they buy the bond for its market price and hold it until maturity. D) discount rate that equates present value of future cash flows with a bond's face value.