________ ratios show the funds supplied by creditors and shareholders.
A. Profitability
B. Leverage
C. Net working capital
D. Liquidity
E. Current
Answer: B
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Identify and briefly describe the five commonly traded organizational currencies.
Fill in the blank(s) with the appropriate word(s).
A very short quiz has one multiple choice question with five possible choices (a, b, c, d, e) and one true or false question. Assume you are taking the quiz but do not have any idea what the correct answer is to either question, but you mark an answer anyway. a.What is the probability that you have given the correct answer to both questions?b.What is the probability that only one of the two answers is correct?c.What is the probability that neither answer is correct?d.What is the probability that only your answer to the multiple choice question is correct?e.What is the probability that you have only answered the true or false question correctly?
What will be an ideal response?
Which of the following statements about using a plantwide overhead rate based on direct labor is correct?
A. It is often overly simplistic and incorrect to assume that direct labor-hours is a company's only manufacturing overhead cost driver. B. The labor theory of value ensures that using a plantwide overhead rate based on direct labor will do a reasonably good job of assigning overhead costs to jobs. C. Using a plantwide overhead rate based on direct labor-hours will ensure that direct labor costs are correctly traced to jobs. D. Using a plantwide overhead rate based on direct labor costs will ensure that direct labor costs will be correctly traced to jobs
Every financial market performs the following function:
A) It determines the level of interest rates. B) It allows common stock to be traded. C) It allows loans to be made. D) It channels funds from lenders-savers to borrowers-spenders.