Which of the following situations should provide managers with the most comfort if accounts receivable balances are increasing each quarter?

Which of the following is a capital budgeting method?

A) return on assets B) net present value C) inventory turnover D) return on equity

Insurance companies need a legal department for all of the following reasons EXCEPT:

(a) to review policy terminology before the coverage is marketed (b) to prepare the insurance company's financial statements (c) to help in the collection of subrogation recoveries (d) to defend liability claims against their policyowners