As a firm's sales grow, its current assets also tend to increase. for instance, as sales increase, the firm's inventories generally increase, and purchases of inventories result in more accounts payable. thus, spontaneous liabilities that reduce afn arise from transactions brought on by sales increases. a. trueb. false

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: