What is another name for a "junk bond"?

Business Trivia / August 28, 2025

Speculative Grade Bond. "Junk Bond King" Michael Milken, who spent two years in prison, was listed among the richest people in America by Forbes.

What kind of assets are current assets minus inventories?

Business Trivia / August 27, 2025

Quick. The quick ratio is also known as the "acid test".

Which company had its Group Worldwide Chairman Sandra E. Petersen announce her retirement in June 2018?

Business Trivia / August 27, 2025

Johnson & Johnson. Peterson had served as CEO for Johnson & Johnson since December 2012.

The failure of what car model is still considered to be an embarrassment to Ford Motor Co.?

Business Trivia / August 26, 2025

The Edsel. The Edsel was promoted by a top-rated television special, "The Edsel Show".

Who did Electronic Data Systems (EDS) get 14% of its business from in 2001?

Business Trivia / August 26, 2025

General Motors. H. Ross Perot founded EDS in Plano, Texas in 1962.

What does an open agreement lack?

Business Trivia / August 25, 2025

Formal Debt Contract. In an open agreement, the buyer signs a receipt and the seller records the sale in the sales ledger.