Which of the following is not a duty of the executor of an estate?
A) Collect money owed the estate
B) Decide how the assets will be distributed
C) Pay debts of the estate
D) Sell specific assets of the estate if necessary
Answer: B
Business
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Price & Malone Corp., a company based in Houston, caters to a market of individuals and households that buy goods and services for personal consumption. Price & Malone caters to a ________ market
A) business B) reseller C) government D) consumer E) wholesale
Business
Craftsman Inc., has a profit margin of 8%, an asset turnover ratio of 2.3, a leverage ratio of 1.50 and a retention ratio of .60. What is the firm's sustainable growth rate?
A) 3.13% B) 8.70% C) 16.56% D) 46.00%
Business