Investors and creditors are interested in a company's "cash flow prospects." What two specific concerns of investors and creditors are summarized by the term "cash flow prospects?"

How have department stores responded to increased competition by specialty stores and lower-priced discounters?

What will be an ideal response?

Which of the following is not an accredited investor for purposes of the private placement

exemption under the Securities Act of 1933? A) A person who had an income of at least $200,000 in the most recent year B) A person with a net worth of at least $1,000,000 C) A director of a corporation that is the issuer D) A corporation or partnership with total assets in excess of $5,000,000