For public U.S. nonfinancial firms in composite, the fractions of current assets and non-current assets (all in book values; year-end 2000) are approximately:

Current Non-current
Assets Assets

a. 1/3 2/3
b. 1/2 1/2
c. 2/3 1/3

A

Business

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To convict a party involved for mail fraud, the postal inspectors must prove:

A) the product, service, or investment opportunity is from an American-based organization. B) the party used the U.S. mail to carry out the fraud. C) the party used e-mail and gave a P.O. box number in the solicitation. D) the offer was unintentionally misrepresented. E) the offer was aimed at lawyers.

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Which of the following is the most accurate statement concerning the use of primary and secondary research methods?

a. Secondary research helps to establish a starting point for primary research. b. A researcher typically chooses between secondary and primary research as the better alternative for obtaining information for the particular problem. c. Primary research is the predominant research method selected for a study, with secondary research available as an option, if needed. d. Secondary research includes observation, experimentation, and normative surveys.

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