INTERMEDIATE TERM FINANCING Intermediate term financing refers to borrowing with repayment schedules of more than one year but less than ten years. In contrast ‘short –term financing has a repayment schedule of less than one year‚ while long-term financing matures in ten years or longer. ADVANTAGES OF INTERMEDIATE TERM FINANCING Intermediate term financing offers the following advantages to the firm; 1. It provides a useful alternative when the firm is unable to continue expanding assets with
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------------------------------------------------- Chapter 9—Break-Even Point and Cost-Volume-Profit Analysis MULTIPLE CHOICE 1. CVP analysis requires costs to be categorized as a. | either fixed or variable. | b. | direct or indirect. | c. | product or period. | d. | standard or actual. | ANS: A PTS: 1 DIF: Easy OBJ: 9-1 NAT: AACSB: Reflective Thinking LOC: AICPA Functional Competencies: Decision Modeling 2. With respect to fixed costs‚ CVP analysis
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Review questions 1. When someone on a good income says that they ‘can’t afford’ a plasma screen television‚ what do they really mean? [LO 4] 2. A friend of yours says‚ ‘Private tennis lessons are definitely better than group lessons.’ Explain what you think they mean by this statement. Then use the cost–benefit principle to explain why private lessons are not necessarily the best choice for everyone. [LO 4] 3. Which is more valuable: saving $100 on a $2000 plane ticket to Tokyo or saving
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1. Sources of GAAP and basic framework and concepts ........................................................... 3 2. Reporting net income ................................................................................................... 14 3. Income statement: Income from continuing operations ................................................................................ 17 Discontinued operations ...............................................................................
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Chapter 1 The Problem and Its Background Introduction English is the language for doing International Business. As a consequence‚ companies need those employees who are in relation with foreign clients or suppliers to have the skills in English which enable them to do their work efficiently. Even if an employee has good knowledge of the English language‚ he/she still needs to acquire the language to their professional area and therefore need to be proficient in English. Due to the fact that Business
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Chapter 1 Lecture Earth: An Introduction to Physical Geology Eleventh Edition An Introduction to Geology Tarbuck and Lutgens © 2014 Pearson Education‚ Inc. The Science of Geology • Geology is the science that pursues an understanding of planet Earth • Physical geology examines Earth materials and seeks to understand the many processes that operate on our planet • Historical geology seeks an understanding of the origin of Earth and its development through time © 2014 Pearson Education‚ Inc
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Using MIS 4e Chapter 1 The Importance of MIS This Could Happen to You: “You’re Fired” Jennifer lacks skills FlexTime needs Abstract reasoning skills Systems thinking skills Scenario Video Collaboration skills Experimentation skills Copyright © 2012 Pearson Education‚ Inc. Publishing as Prentice Hall 1-2 Chapter Preview “But today‚ they’re not enough.” Do you find that statement sobering? If timely‚ hard work isn’t enough‚ what is? We’ll begin this book by discussing the
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Human Resource Management‚ 12e (Dessler) Chapter 2 Equal Opportunity and the Law 1) Which Amendment to the U.S. Constitution states that "no person shall be deprived of life‚ liberty‚ or property‚ without due process of the law"? A) First Amendment B) Fifth Amendment C) Tenth Amendment D) Thirteenth Amendment E) Fourteenth Amendment Answer: B Explanation: The Fifth Amendment to the U.S. Constitution (ratified in 1791) states that "no person shall be deprived of life‚ liberty‚
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Page 1 of 47 4 Student: _______________________________________________________________________________________ 1. To have a strong internal control system‚ a business must have good administrative controls. Administrative controls include: A. B. C. D. the reconciliation of the bank statement. the accuracy of the recording procedures. assessing compliance with company policies. maintenance of accurate inventory records. 2. Which of the following statements concerning internal controls is
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Chapter 1 : Nutrition in Plants Fill in the blanks : 1. The components of food which are necessary for our body are called _______________ 2. Green plants synthesise their own food themselves by the process of __________________. 3. ______________________ is the mode of taking food by an organism and its utilization by the body. 4. Complex chemical substances such as ______________ are the products of photosynthesis. 5. ___________________ gas is produced during photosynthesis. 6. Organisms
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