Henry purchased an automobile from Iso Motors, and as a part of the payment, gave Iso Motors a promissory note in the amount of $4,000. If the promissory note is negotiated to Friendly Finance Company, the company (as a holder), may enforce payment.

Which of the following is NOT incorporated into the calculation of the Du Pont identity?

A) Return on assets
B) Equity multiplier
C) Total asset turnover
D) Profit margin
E) Receivables turnover

Cash budgets are typically prepared on a weekly basis.

The doctrine of promissory estoppel:

A) is a doctrine enforcing contractual promises.
B) includes as a requirement within the doctrine that there has been justifiable reliance on the promise.
C) is applied in almost every contract enforcement due to frequent misinterpretations.
D) is a remedy for fraud.

Bill and Ellen Sweatt plan to invest $2500 a year in an educational IRA for their granddaughter Sloane Martin. They will make these deposits on January 2^nd of each year. Bill and Ellen feel they can safely earn 8%. How much will be in this account on December 31 of the 18^th year?

Companies with more ________ workforces have better financial performance and customer satisfaction.