Liquidity ratios address the question of whether a company can meet its obligations over the long term, and financial leverage ratios address the question of whether a company can meet its obligations over the short term
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: It is exactly the opposite case.
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Which of the following marketing communication tools includes the functions of building up a positive corporate image and handling unfavorable stories and events?
A) sales promotion B) sponsorship C) direct marketing D) public relations E) advertising
Organizations increasingly require proposals to be submitted ________
A) as text messages B) through an online form C) as posts on social networking sites D) on blogs E) by an instant messenger
Which of the following requirements has to be met for a holder to qualify as a holder in due course (HDC) under the shelter principle?
A) The holder must not be in possession of a prior negotiable instrument. B) The holder must have notice of a defense or claim against the payment of the instrument. C) The holder must have been a party to a fraud or an illegality affecting the instrument. D) The holder must have acquired the instrument from an HDC.
Mars Services, Inc pays $700,000 to acquire 35% (200,000 shares) of voting stock of Grey Investments, Inc on January 5, 2017
Grey Investments, Inc declares and pays a cash dividend of $2.4 per share on June 14, 2017. Which of the following is the correct journal entry for the transaction on June 14, 2017? A) Long-term Investments-Grey Investments, Inc. 480,000 Cash 480,000 B) Cash 480,000 Dividend Revenue 480,000 C) Cash 480,000 Long-term Investments-Grey Investments, Inc. 480,000 D) Cash 480,000 Long-term Investments-Mars Services, Inc. 480,000