When bonds become less widely traded, and as a consequence the market becomes less liquid, the demand curve for bonds shifts to the ________ and the interest rate ________
A) right; rises
B) right; falls
C) left; falls
D) left; rises
D
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Wireless networks cannot be deployed without the aid of the
network administrators. Indicate whether the statement is true or false
Which of the following statements is FALSE?
A) The aging schedule is also sometimes augmented by analysis of the payments pattern, which provides information on the percentage of monthly sales that the firm collects in each month after the sale. B) Because accounts receivable days can be calculated from the firm's financial statement, outside investors commonly use this measure to evaluate a firm's credit management policy. C) If the aging schedule gets "top-heavy"—that is, if the percentages in the upper half of the schedule begin to increase, the firm will likely need to revisit its credit policy. D) Seasonal sales patterns may cause the number calculated for the accounts receivable days to change depending on when the calculation takes place.