Cash flows is the most relevant variable to measure the returns on debt instruments, while GAAP

net income is the most relevant variable to measure the returns on common stock.

Indicate whether the statement is true or false

FALSE

Business

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In dealing with business models, managers need to consider only quantitative data while making decisions in practice

Indicate whether the statement is true or false

Business

Compounding effectively raises the cost of short-term credit

Indicate whether the statement is true or false

Business