Which of the following is an example of window dressing?
A) borrowing on a long-term basis and using the proceeds to retire short-term debt to improve the current ratio B) offering discounts to customers who pay with cash rather than buy on credit and then using the funds that come in quicker to purchase additional inventories C) using some of the firm's cash to reduce long-term debt D) any action that improves a firm's fundamental, long-run position and thus increases its intrinsic value.
Average maintenance costs are $1.50 per machine-hour at an activity level of 8,000 machine-hours and $1.20 per machine-hour at an activity level of 13,000 machine-hours. Assuming that this activity is within the relevant range, total expected maintenance cost for a budgeted activity level of 10,000 machine-hours would be closest to?
Trade journals provide information about specific professions and industries.Academic journals,on the other hand,offer research-oriented articles from researchers and educators on a variety of issues and topics.
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How many steps are there in the personal selling process?
For each of the capital budgeting methods listed below,place an X in the correct column,indicating the measurement basis of each,the ability to make comparison among projects,and whether each method reflects or ignores the time value of money.