Reference no: EM132306965
1. Shirts and Stuff is a garment manufacturing company. Which of the following would be a fixed asset for this company?
U.S. Treasury bills
temporary workers
$5,000 in Treasury bills
$1,000 trade credit
office furniture
2. The over-the-counter securities market
does not trade corporate bonds.
accounts for the least total dollar value of all of the secondary markets.
does not include illiquid bank stocks.
does not have a central location.
is similar to organized stock exchanges.
3. Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and collects the full amount from the customers of those companies. Which of the following short-term financing options is being provided by Tobit Financing in this scenario?
A) Trade Credit
B) Commercial Paper
C) Factoring
D) Short-term Bank Loans
4. Companies whose chief executive officers do more environmental scanning have higher profits.
True or False
5. The industry regulation component of the specific environment of a company affects all businesses.
True
False