The current ratio measures:
A. The ability of a company to quickly sell its inventory to customers.
B. The ability of a company to quickly collect cash from customers.
C. The ability of a company to pay its current obligations.
D. The amount of profits retained in the business.
Answer: C
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According to the Religious Freedom Restoration Act of 1993, the federal government may substantially burden a person's exercise of religion if the burden results from a rule of general applicability.
Answer the following statement true (T) or false (F)
Willow Clinic bases its budgets on patient-visits. During October, the clinic plans for a level of activity of 2160 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting: Fixed elementper monthVariable element per patient-visitRevenue - $50.00? Personnel expenses$23,800? $17.00? Medical supplies$760? $6.50? Occupancy expenses$5100? $2.30? Administrative expenses$4160? $5.20? Required:Prepare the clinic's planning budget for October. Willow ClinicPlanning BudgetFor the Month Ended October 31Budgeted patient-visits2160?Revenue?Expenses:? Personnel expenses? Medical supplies? Occupancy expenses? Administrative expenses?Total expense?Net operating income?
What will be an ideal response?
While performing the monthly bank reconciliation, Avon Company adjusted for a bank service charge of $20. Which of the following correctly shows how the adjustment for the bank service charge affects the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt of Cash FlowsA.NA NA NANA NA NA(20) OAB.(20) (20) NANA NA NA(20) OAC.(20) NA (20)(20) NA (20)(20) OAD.(20) NA (20)NA 20 (20)(20) OA
A. Option A B. Option B C. Option C D. Option D
A business intelligence (BI) server extends alert/RSS functionality to support user subscriptions
Indicate whether the statement is true or false