Which of the following would NOT be considered an element of working capital?
a. Investment securities (current)
b. Work in process inventories
c. Accrued interest on notes payable
d. Organization costs
D
Business
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Which one of these statements is true concerning the price-earnings (PE) ratio?
a. A high PE ratio may indicate that a firm is expected to grow significantly b. a PE ratio of 16 indicates that investors are willing to pay $1 for every $16 of current earnings c. PE ratios are unaffected by the accounting methods employed by a firm d. the PE ratio is classified as a profitability ratio e. the PE ratio is a constant value for each firm
Business
Low-context communication refers to communication styles in which the primary purpose is to build relationships
a. True b. False
Business