A
firm that buys on credit is in effect borrowing from its supplier. (
)
firm that buys on credit is in effect borrowing from its supplier. (
)
举一反三
- Which<br/>of the following conditions does NOT describe a firm in a<br/>monopolistically competitive market? ( ) A: It<br/>makes a product different from its competitors. B: It<br/>takes its price as given by market conditions. C: It<br/>maximizes profit both in the short run and in the long run. D: It<br/>has the freedom to enter or exit in the long run.
- In<br/>which of the following case will a firm prefer the entry mode of a<br/>wholly owned foreign subsidiary? ( ) A: The<br/>firm has a high level of tacit knowledge B: The<br/>firm has a high level of performance certainty C: The<br/>firm has a low level of interdependence with its foreign partner D: The<br/>firm has a low level of confidence in international operation
- Owners'<br/>equity in a business increases as a result of which of the<br/>following? () A: Payments<br/>of cash to the owners. B: Losses<br/>from unprofitable operation of the business. C: Earnings<br/>from profitable operation of the business. D: Borrowing<br/>from a commercial bank.
- The<br/>key difference between a competitive firm and a monopoly firm is the<br/>ability to select ( ) A: the level of competition in<br/>the market. B: the level of production. C: inputs in the production<br/>process. D: the price of its output.
- Which<br/>one of the following will not affect the operating cycle?() A: decreasing<br/>the payables turnover from 7 times to 6 times B: increasing<br/>the days sales in receivables C: decreasing<br/>the inventory turnover rate D: increasing<br/>the average receivables balance E: decreasing<br/>the credit repayment times for the firm’s customers