In general, a firm with higher amounts of sales on credit has

a. lower needs to borrow.

b. higher needs to borrow.

c. more rapidly collection of credit sales.

d. more ability to buy raw materials on credit.

In business, the four basic forms of competition are

A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common stock outstanding. The market price of the stock is $56. What is the price-earnings ratio

J. D. formed Clampett, Inc. as a C corporation (calendar tax year) with J. D., Granny, and Jethro, Inc. (a C corporation) as shareholders. On January 15, 2018, Jethro, Inc. sold all its shares to Jane Hathaway. On February 28, 2018, Clampett, Inc.

Which question is an illustration of a macroeconomic question? Multiple Choice a) Is a corporation unresponsive to the demands of its customers? b) Is a consumer boycott an effective means of reducing a product's price?

When would you need to use the Rule of 72? ATo figure out the interest rate for your savings account BTo find out how long it will take your money to double CTo estimate how much money you'll have in your account in 72 years DTo calculate a

Jerry's job includes many credit activities. He is responsible for collecting and processing loan payments, answering questions from potential applicants, taking loan applications, determining credit evaluation criteria, and developing marketing

Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L).

Select the correct answer. Dorothy has been operating a small florist shop in a particular location for years. Recently, a new florist started a business two blocks away from Dorothy's shop.

Collins Landscape Company purchased various landscaping supplies on account to be used for landscape designs for their customers. How will this business transaction affect the accounting equation

The rocky mountains are more jagged than the appalachian mountains this suggests that