Firms with Tangible Long-Term Assets and Predictable Cash Flows, Such

question 166

Multiple Choice

Firms with tangible long-term assets and predictable cash flows, such as electric utilities, tend to have balance sheets with a

• A)high proportion of long-term debt (80% or more).
• B)low proportion of long-term debt (20% or less).
• C)high proportion of shareholders' equity (80% or more).
• D)high proportion of cash (80% or more).
• E)high proportion of retained earnings (80% or more).

---

Definitions:

Mexico City

The capital and largest city of Mexico, known for its rich history, culture, and as a major political, economic, and cultural center.

Los Angeles

A major city in the state of California, USA, known for its significant influence in entertainment, culture, media, and international trade, as well as being a major hub for immigration.

Tijuana

A border city in Mexico, adjacent to San Diego, California, known for its vibrant culture, commerce, and as a gateway between the U.S. and Mexico.

World Trade Organization

An international organization designed to supervise and liberalize world trade, addressing global trade laws and regulations.