Cash flows and risk are the key determinants in share price. Increased cash flow results in ________, other things remaining the same
A) a lower share price
B) a higher share price
C) an unchanged share price
D) an undetermined share price
B
Business
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A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Finished Goods Inventory can be taken from the ________
A) production budget and cost of goods sold budget B) financial budget C) cash budget D) selling and administrative expenses budget
Business
Agency always requires:
A) A written contract. B) Both an agent and principal who are adults. C) Intent by both the principal and agent to be in the arrangement. D) An identified underlying transaction. E) Consideration on the part of both the principal and the agent.
Business