A common measure of liquidity is

a. profit margin.
b. receivable turnover.
c. return on assets.
d. asset turnover.


B

Business

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When upset with someone or something at the workplace, the best place to vent your frustrations is where?

A) In an anonymous email B) On your Twitter feed C) On the corporate blog D) At home E) At after work social setting

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Common carriers are:

A. held to a lower level of responsibility than private carriers. B. not responsible for any loss or damage to goods entrusted to them. C. persons who carry goods only for persons selected by the carrier. D. usually allowed to limit their liability to a stated value.

Business

Refer to Table 5-1. The Steel Shelf Company has a monthly break-even quantity of ________

shelves. A) 500 B) 1,1300 C) 250 D) 580 E) Cannot calculate with information provided.

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Which of the following is true regarding parties who make mutual mistakes of law?

A) The contract becomes null and nonbinding on the parties. B) One of the parties can annul the contract stating that it is a mistake of law. C) The parties are expected to have knowledge of the law when making the contract. D)Both parties can claim relief and compensation through a court of law.

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