Which of the following is a measure of liquidity?
A) Current ratio
B) Earnings per share
C) Accounts receivable turnover ratio
D) Return on common equity
A
You might also like to view...
Information asymmetry may cause problems because management's behavior
A) may be to enhance the owners' financial interests at the expense of their self-interests. B) will always follow classic agency law. C) may not always be in the best interests of the owners (shareholders). D) as agents will always be in the best interests of the owners (shareholders).
2,400 bushels of corn were purchased at $5 per bushel. The desired markup is 35% based on selling price, but 25% spoilage is expected. What should the selling price per bushel be? (Round to the nearest cent)
What will be an ideal response?
Which of the following must a promissory note contain to make it negotiable?
A) an acknowledgement of debt B) an implied promise to pay C) an unconditional promise to pay D) a promise to negotiate
Which of the following is true of the Insecticide, Fungicide, and Rodenticide Act?
A) It only allows government-manufactured pesticides to be sold. B) It requires all pesticides to be registered with the EPA. C) It cannot suspend the registration of an already registered pesticide. D) It allows non-registered pesticides to be sold only under supervision by the Environmental Protection Agency (EPA).