Managing the firm's short-term financing activities is known as ________
A) capital budgeting
B) capital structure
C) accounts receivable management
D) working capital management
Answer: D
Business
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On January 1, Abbie Corporation issued $500,000 of 12%, 6 year bonds with interest payable semi-annually on June 30 and December 31. The bonds were issued for $530,000. Using the straight line method, on the first interest date, the debit to Interest Expense is for:
A. $27,500 B. $30,000 C. $31,800 D. $32,500
Business
A ________ statement is a forward-thinking statement which defines what a company wants to become and/or where it is going.
A. mission B. vision C. financial D. computer E. printed
Business