A firm that does not have trouble meeting its debt obligations is said to be in financial distress

Indicate whether this statement is true or false.

Answer: FALSE

Business

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An example of a disadvantage of secondary data not being reported in measurement units that match the researchers needs would be income being reported by before tax, household income instead of per capita, after-tax income

Indicate whether the statement is true or false

Business

Which of the following normally takes the form of a wire transfer of money from the bank account of the importer directly to that of the exporter prior to shipment of merchandise?

A) documentary collection B) letter of credit C) advance payment D) open account

Business