______ life is said to be a game against the fabricated nature of the technical, mechanical, rationalized, and bureaucratic world directed toward dominating the environment.
A. Preindustrial
B. Industrial
C. Postindustrial
D. Neo-industrial
B. Industrial
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Use the balance sheets of Glover shown below to calculate the following ratios for Year 2 (round to the hundredths):(a) Current ratio.(b) Acid-test ratio.(c) Debt ratio.(d) Equity ratio.Glover CompanyBalance SheetsFor the years ended December 31?Year 2Year 1Assets:??Cash$ 43,000$ 22,000Accounts receivable38,00042,000Merchandise inventory61,00052,000Prepaid insurance6,0009,000Long-term investments49,00020,000Plant assets (net) 218,000 218,000Total assets$415,000$363,000???Liabilities and Equity:??Current liabilities$ 62,000$ 75,000Long-term liabilities45,00036,000Common stock150,000150,000Retained earnings 158,000 102,000Total liabilities and equity$415,000$363,000
What will be an ideal response?
A buyer may revoke an acceptance of goods if
a. the nonconformity does not impair the value of the goods. b. the buyer had a legitimate reason for the initial acceptance. c. the buyer knew the nonconformity could not be cured. d. the buyer thought they could easily cover.
A company had net sales of $752,000 and cost of goods sold of $543,000. Its net income was $17,530. The company's gross margin ratio equals:
A. 24.5% B. 34.7% C. 18.9% D. 27.8% E. 35.2%
Refer to the table. Which cell(s) would be designated as the "Forecast cell"?
A) A5 B) B2 C) B3 D) B4 E) B5