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According to the agency problem, _________ represent the principals of a corporation. A. shareholders B. managers C. employees D. suppliers
Weegy: The answer is, B. managers. According to the agency problem, "managers " represent the principals of a corporation. (More)
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Updated 6/9/2012 9:18:41 PM
1 Answer/Comment
According to the agency problem, shareholders represent the principals of a corporation.
Added 6/9/2012 9:18:49 PM
Another name for the acid test ratio is the A. current ratio B. quick ratio C. inventory turnover ratio D. average collection period
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Updated 6/9/2012 9:14:23 PM
1 Answer/Comment
Another name for the acid test ratio is the quick ratio.
Added 6/9/2012 9:14:23 PM
Which of the following is considered to be a spontaneous source of financing? A. Operating leases B. Accounts receivable C. Inventory D. Accounts payable
Weegy: B. Accounts receivable (More)
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Updated 6/9/2012 9:42:36 PM
1 Answer/Comment
Accounts payable is a spontaneous source of financing.
Added 6/9/2012 9:42:36 PM
Which of the following is considered to be a deficiency of the IRR? A. It fails to properly rank capital projects. B. It could produce more than one rate of return. C. It fails to utilize the time value of money. D. It is not useful in accounting for risk in capital budgeting.
Weegy: It fails to properly rank capital projects. [ [ In cases where one project has a higher initial investment than a second mutually exclusive project, the first project may have a lower IRR (expected return), but a higher NPV (increase in shareholders' wealth) and should thus be accepted over the second project (assuming no capital constraints). ] ] (More)
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Updated 6/9/2012 9:53:42 PM
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The answer is B. It could produce more than one rate of return.
Added 6/9/2012 9:53:42 PM
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