The totals of the Adjusted Trial Balance columns on a work sheet will always be the sum of the Trial Balance column totals and the Adjustments column totals
Indicate whether the statement is true or false
False
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Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the quick ratio, rounded to one decimal point?
A) 2.2 B) 3.5 C) 3.0 D) 1.6
There is a .90 probability of obtaining a 
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The owner of a currency future has a claim on a specified amount of a specified foreign currency
Indicate whether the statement is true or false.
In general, ______ is held to be the worst violation of antitrust laws
a. price fixing b. horizontal mergers c. selling at a loss d. vertical mergers e. conspiracy