Which type of mutual fund consists of both stocks and bonds with a combined objective of current income and long-term capital gains?

The inventory valuation method that has the advantage of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is

A. FIFO B. weighted average C. LIFO D. lower of cost or market

Who among the following persons said, "The social responsibility of business is to increase profits"?

A. Adam Smith B. Milton Friedman C. Benjamin Franklin D. Thomas Jefferson E. Robert Giacalone