What are the benefits of knowing more about various aspects of financial management? what can you do to increase your knowledge?

In general, a firm with higher amounts of sales on credit has a. lower needs to borrow. b. higher needs to borrow. c. more rapidly collection of credit sales. d. more ability to buy raw materials on credit.

Riley Company promises to pay Janet Anderson or her estate $150,000 per year for the next 10 years, even if she leaves the company or passes away to try to induce her to stay with the company.

Which statement is true? Savings are a leakage in the circular flow of income. Households pay wages to businesses. Exports are leakages in the circular flow of income. Taxes paid to the government have no direct effect on the economy.

Two of the most common services for your money offered by banks involve either checking accounts or certificates of deposit. True or False.

What advantage does a young driver have over an older one? A. More relaxed B. Better reflexes C. Better rested D. Up on the latest technology

During discussions relating to the formation of kingfisher, seth mentions that he may be interested in either (1) just selling all of his inventory in the current year for its fair market value of $96,000 or (2) proceeding with his involvement in

What is a disadvantage of government bonds? a) they have a high intrest rate b) They are difficult to find c) They are relatively risk-free d) all of the above

The Sedgwick Company estimates sales of a new product at 5,000 units and $3.00 per unit. Management feels the sales quantity is accurate within a 10 percent plus-or-minus range while the sales price is accurate within a 5 percent plus-or-minus range.

The actual cost of direct labor per hour is $ 11.00 and the standard cost of direct labor per hour is $ 9.50. The direct labor hours allowed per finished unit is 0.25 hour.

A large oil company is studying the number of gallons of gasoline purchased per customer at self-service pumps. The mean number of gallons is 10.0, with a standard deviation of 3.0 gallons. The median is 10.75 gallons.