As a business adds more products to its product line, it decreases the risk of cannibalizing existing product sales

Common stock is considered a short-term security because it has no maturity date and a long-term

security is one with a maturity date of more than one year. Indicate whether the statement is true or false

The inventory turnover rate for a firm is 14.5 as compared to the relevant industry rate of 13.2. In this case, the firm is

A) selling its inventory slower than the industry. B) underperforming the industry. C) averaging fewer days of sales in inventory than the industry. D) generating fewer sales per dollar of inventory.