________ is a short-term promissory note sold by large corporations to raise cash

A) U.S. Treasury bill B) Repurchase agreement
C) Commercial paper D) Money-market mutual fund

C

Business

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The ________ begins at the time a firm first starts to make a product and lasts until the time the customer buys the product

A) business operating cycle B) accounts receivable cycle C) cash conversion cycle D) production cycle

Business

Sales of Blistre Autos are 350,000, variable cost is 200,000, fixed cost is 75,000, tax rate is 20%. Calculate the operating leverage of the company

A) 1.00 time B) 1.50 times C) 2.50 times D) 2.00 times

Business