Question 892 pts CFO Jorge Sierra needs short-term financing for a large corpora

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Question 892 pts

CFO Jorge Sierra needs short-term financing for a large corporation. He decides to issue an unsecured debt instrument of $200,000 to be paid back in 150 days. Jorge is using ________.

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Question 902 pts

Adam Zarand wants to help his company decide whether or not to shut down an unproductive plant. Which type of accounting will he MOST LIKELY use?

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Question 912 pts

The longest period covered in financial accounting reports is three months.

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Question 922 pts

Tracking a business's income and expenses through a process of recording financial transactions is called ________.

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Question 932 pts

Housing Repair Co. has total revenue of $100,000. COGS is $40,000. The company's gross profit margin is ________.

Explanation / Answer

892 e 902 a 912 a 922 d 932 d (100000-40000)/100000 0.6

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