Financial assets include all of the following except
a. Excess cash
b. short term investments
c. intangible assets
d. long trm investments
C
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Which of the following will increase a company's book value but not necessarily its market value?
a) it makes a profit but pays out no dividends b) it makes a profit and pays it all out as dividends c) the price of its shares rises but it does not issue any new shares d) the price of its shares rises and it issues new shares e) the price of its shares stays the same and it issues new shares f) the price of its shares declines and it issues new shares
Which element need NOT be included in a real property sales contract?
A. The number of years required to pay it off B. A legal description C. A subordination agreement D. The basis for tax payments when taxes are included