The ability to pay debts when they come due is
a. leverage; b. profitability; c. liquidity; d. marketability; e. none of these.
C
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Joseph, Inc uses the accrual basis of accounting. Joseph's insurance expense account had a $23,000 balance at the end of the year. The prepaid insurance account had a $6,000 balance at the beginning of the year and a $3,000 balance at the end of the year. How much cash was paid for insurance during the year?
A) $4,000 B) $20,000 C) $21,000 D) $29,000
Since marketers can't collect information from everyone, they collect information from a small number of people taken from the larger group they are analyzing-a sample. This technique is effective when the sample group
A. is representative of the larger population. B. provides identical responses. C. is different from the larger population. D. is questioned using personal interviews. E. is questioned using online surveys.
Insurance Brokerage Company uses a computer-based method of estimating the losses its clients will suffer if a severe storm or earthquake occurs. This method of estimating losses is called
A) capital budgeting. B) securitization of risk. C) risk mapping. D) catastrophe modeling.
The disqualifications of an out-of-work employee include:? A) ?unemployment
B) ?current welfare benefits. C) ?willful misconduct. D) ?whistleblowing.