An increase in the balance in a retailer's Merchandise Inventory.

a. Operating
b. Investing
c. Financing
d. Supplemental

Ans: a. Operating

Business

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The total demand for many business goods and services is inelastic; that is, not greatly affected by price changes

Indicate whether the statement is true or false

Business

Which of the following is enough to prove a violation of Section 10(b) and Rule 10b-5?

A) nonexemption status B) scienter C) aiding and abetting D) negligent conduct

Business