1 Which of the following is the most likely to be a symptom of overtrading()
A Static levels of inventory turnover
B Rapid increase in profits
C Increase in the level of the current ratio
D Rapid increase in sales
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Which of the following is not a financial intermediary()
A. unit trust companies
B. investment trusts
C. venture capital organisations
D. The answers above are all wrong
Which of the following are examples of financial objectives that a company might choose to pursue()
A. Provision of good wages and salaries
B. Restricting the level of gearing to below a specified target level
C. Dealing honestly and fairly with customers on all occasions
D. Producing environmentally friendly products
The start of American entrepreneurship dates back to_()
A. settlers engaging in trade and barter with Native Americans
B. westward expansion and the creation of the railroad
C. the flourishing of entrepreneurship after the American Civil War
D. the flourishing of entrepreneurship during the early Period of America
One aspect of the American dream is to rise from poverty to modest wealth to great wealth. In the United States, this has usually been accomplished____()
A. through successful academic careers
B. through successful farming
C. through successful business careers
D. with the help of the government