You are considering an investment in IBM stock and wish to assess the firm's long-term debt-paying ability and its use of debt financing. All of the following ratios can be used to assess solvency except:
A. Number of times interest is earned.
B. Net margin.
C. Debt to assets ratio.
D. Debt to equity ratio.
Answer: B
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A seasonal discount is a price reduction to buyers who buy merchandise while the products are in season
Indicate whether the statement is true or false
Industries that have an ETO process supply chain include ______.
A. aerospace and defense B. oil refineries C. computer manufacturing D. commodity production (e.g., salt, sugar)
In the future competitive environment, companies will emphasize
a. achievement of financial results. b. development of strategic alliances. c. development of annual plans. d. conformity to project expectations.
Which of the following would most likely not be classified as Investment in Securities appearing between the Current Assets and the Property, Plant and Equipment sections of the balance sheet?
a. United States Treasury Notes that the firm expects to hold for less than one year b. investments in securities for the purpose of exerting significant influence over the investee's dividend payout policy c. investments in securities for the purpose of exerting significant influence over the investee's day-to-day operations d. all of the above e. none of the above