Which one of the following statements related to financial information is not true?

A) Liquidity refers to the company's ability to change the amounts and timing of cash flows to adapt to unexpected needs and opportunities.
B) In general, the higher the risk of an investment, the higher the return on investment expected by investors.
C) Return on capital can be provided only after return of capital.
D) Operating capability describes the company's ability to maintain a given level of operations.

The foreign purchases effect suggests that a decrease in the American price level relative to those in other countries will

A) shift the aggregate demand curve leftward.
B) shift the aggregate supply curve leftward.
C) decrease American exports and increase American imports.
D) increase American exports and decrease American imports.

The information architecture of a website is a three-dimensional outline of the site that shows

A) the vertical hierarchy of pages from the homepage down to the lower levels.
B) the horizontal division of pages across the various sections of the site.
C) the links that connect the site's pages,internally and externally.
D) all of the above.

A difference between explicit and implicit costs is that

A) explicit costs must be greater than implicit costs.
B) explicit costs do not require a direct monetary outlay by the firm, whereas implicit costs do.
C) implicit costs do not require a direct monetary outlay by the firm, whereas explicit costs do.
D) implicit costs must be greater than explicit costs.

Useful for comparing one company to another or to industry averages

A) Solvency
B) Leverage
C) Times interest earned
D) Horizontal analysis
E) Vertical analysis
F) Common-sized financial statements
G) Current position analysis
H) Profitability analysis

​The Nash equilibrium for the game is

A) ​For both stores to advertise
B) For megastore to advertise and for superstore not to advertise
C) For megastore not to advertise and for superstore to advertise
D) ​For both stores to not advertise