Question
43.Shelly is a loan officer who approves loans for small businesses. One factor she looks at carefully when making loan decisions is the amount of
43.Shelly is a loan officer who approves loans for small businesses. One factor she looks at carefully when making loan decisions is the amount of outstanding debt the firm already has. She can find this information by looking at the firms:
a. | income statement. | |
b. | cash budget. | |
c. | articles of incorporation. | |
d. | balance sheet. |
45.Which feature of the stock market makes people more likely to invest in a corporation?
If someone no longer wants to be an owner of the corporation, the shares can be sold.
Shares of every corporation in the United States can be purchased on the New York Stock Exchange.
People enjoy gambling, and the markets provide them with a place to gamble.
Physical stock markets are the only place stocks can be purchased and traded.
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