Which of the following are the three basic ways of lending unsecured, short-term funds by commercial banks?
A) mortgage-backed securities, T-bonds, and commercial paper
B) single-payment note, lines of credit, and revolving credit agreements
C) T-bills, municipal bonds, and commercial paper
D) commercial paper, real estate bonds, and corporate bonds
B
Business
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The reorder point is the inventory level at which action is taken to replenish the stocked item
Indicate whether the statement is true or false
Business
As the number of shares of common stock increases, the book value of each share will ________
if equity does not change. A) remain the same B) increase C) decrease D) none of the above
Business