Which of the following are considered to be spontaneous sources of financing (i.e., they arise naturally during the course of doing business)?
A) Notes payable and common stock
B) Accounts receivable and bonds
C) Fixed assets and inventory
D) Accounts payable and accrued expenses
Answer: D
Business
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Autumn Fair sells reusable plastic stencils for use in decorating. When graphed, the demand schedule for Autumn Fair brand stencils forms a straight line. If at $3 per stencil, 500 stencils are demanded, and at $4 per stencil, 450 stencils are ordered, how many will be ordered at a price of $6 per stencil?
a. 333 b. 350 c. 400 d. 375
Business
A common economic characteristic of countries with pervasive corruption is a lack of integration with the global economy
Indicate whether the statement is true or false
Business