With regard to the hedging principle, which of the following assets should be financed with current
liabilities?
A) minimum level of cash required for year round operations
B) expansion of accounts receivable to meet seasonal demand
C) buildings
D) machinery
B
Business
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The return on shareholders' equity for 2016 is:
A) 20% B) 8% C) 22.22% D) 25%
Business
The basic break-even model can be modified to handle more than one product. This extension of the basic model requires:
A) price and sales volume for each product. B) price and variable cost for each product, and the percent of sales that each product represents. C) that the firm have very low fixed costs. D) that the ratio of variable cost to price be the same for all products. E) sales volume for each product.
Business