QUESTION The two main debt-financing options are ________. a. bonds and factoring b. bank loans and bonds c. stocks and retained earnings d. bank loans and pledging ANSWER b
Date: September 3rd, 2020
QUESTION As prices rise, the quantity of product demanded falls. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Which of the following occurs when a company raises money by either selling stock to investors or withdrawing it from the owners’ retained earnings? a. debt financing b. equity financing c. short-term financing d. dividend financing ANSWER b
Date: September 3rd, 2020
QUESTION The prices of substitute products may cause the demand curve to shift. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION The demand curve slopes downward and the supply curve slopes upward. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION A loan that is backed by something of value, such as property or inventory, is known as a(n) ________. a. credit card balance b. unsecured loan c. line of credit d. secured loan ANSWER d
Date: September 3rd, 2020
QUESTION Stock is a(n) ________. a. investor who receives ownership interests in a company b. share of ownership in a company c. agreement to lend money that will repaid at a later date d. portion of a company’s earnings ANSWER b
Date: September 3rd, 2020
QUESTION You participate in the day-to-day work of a business. Which of the following perspectives does this give you on the business? A) customer B) manager C) employee D) owner/investor ANSWER C
Date: September 3rd, 2020
QUESTION You are thinking about attending a business conference. But spending three days on the trip will mean falling behind on your current project. By considering the value of lost time, you are applying the concept of ________. a. SWOT analysis b. diversification c. opportunity cost d. merger ANSWER c
Date: September 3rd, 2020
QUESTION You are purchasing a good or service from a business. Which of the following perspectives does this give you on the business? A) customer B) manager C) employee D) owner/investor ANSWER A
Date: September 3rd, 2020
