Changes in the size of the federal deficit or surplus are often used to gauge whether fiscal policy is adding additional demand stimulus or imposing additional demand restraint. If we've noticed recently that the federal budget is shifting toward a deficit, we can conclude:

When should a rational financial manager pay a bill if 1) a discount is offered, 2) the discount has not yet expired, 3) the firm needs to borrow funds to take the discount, 4) the firm will have sufficient cash by the end of the net period, and 5) the best possible borrowing rate exceeds the cost of forgoing the discount?

The book value of property, plant, and equipment is the ________.

A poll of 100 randomly sampled adult Americans found that 53% supported banning handgun sales. A newspaper wants to use the data to conclude that a majority of Americans support banning handgun sales. At the 10% level of significance, the newspaper's conclusion should be _______.

On a common-size financial statement, which of the following is given a designation of 100%?