KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals:

A. 1.50.
B. 2.20.
C. 0.68.
D. 0.74.
E. 0.50.


Answer: D

Business

You might also like to view...

________ refers to an extraneous variable attributable to the loss of test units while the experiment is in progress

A) Mortality B) Interactive testing effect C) Maturation D) Main testing effect

Business

The likelihood of a risk event occurring ________ as a project goes through its life cycle.

Fill in the blank(s) with the appropriate word(s).

Business

Although a reasons-first approach and tactful tone preserve friendly relations with customers, these techniques are not useful for bad-news messages inside an organization

Indicate whether the statement is true or false

Business

An HDC takes a negotiable instrument free of most defenses and claims that could be asserted against its transferor.

Answer the following statement true (T) or false (F)

Business