The ability to generate future revenues and meet long-term obligations is referred to as:
A. Market prospects.
B. Creditworthiness.
C. Solvency.
D. Profitability.
E. Liquidity and efficiency.
Answer: C
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Esquire Industrial plant operates five days per week with a daily payroll of $4,000 . Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31 . What is the effect of the correct adjustment at March 31?
a. Increases stockholders' equity and Wages Payable by $8,000 b. Increases Wages Payable and decreases Cash by $12,000 c. Decreases stockholders' equity and increases Wages Payable by $12,000 d. Increases Wages Payable and increases Wages Expense by $8,000
Putter Inc requires all capital investment projects to have a payback period of 4 years or less. Putter is currently considering an equipment purchase that has an initial cost of $80,000. The equipment is expected to have a six year life and a salvage value of $4,000. Assuming cash flows are equal, what does the annual cash flow generated by the equipment need to be in order to meet the payback
period requirements? A) $19,000 B) $13,333 C) $21,000 D) $20,000
If a plaintiff to a lawsuit is claiming personal injury, the defendant should request:
A) an independent medical exam of the plaintiff. B) an independent medical exam of the defendant. C) an independent medical exam of the judge. D) none of the choices.
Payloads include those used by viruses, worms, and trojans
Indicate whether the statement is true or false.