Use Rizwi Corporation's list of accounts at December 31, 2016 to answer the following question. Rizwi Corporation List of Accounts at December 31, 2016 Cash $30,000 Accumulated depreciation $ 12,000 Merchandise inventory 14,000 Notes payable—Due12/31/2024 120,000 Land 40,000 Accounts payable 14,000 Buildings 80,000 Equipment 33,000 Accounts receivable 25,000 Notes Payable—Due07/01/2018 14,000
What is Rizwi Corp's current ratio?
a. 0.48 to 1
b. 2.00 to 1
c. 2.55 to 1
d. 2.86 to 1
b
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Describe the five pricing objectives
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. The purpose of a commercial bank is to make a profit. 2. Commercial banks are the only legal system that can accept deposits from customers and provide them a checking account. 3. Mutual savings banks are depositor-owned, and are primarily concentrated in the New England states, New York, and New Jersey. 4. Only institutions that provide banking services qualify as financial institutions. 5. Insurance companies, pension funds, large brokerage houses, and consumer finance companies are all classified as nonbanking financial institutions because they act as sources and users of funds.
Research evidence suggests that one reason many people are hesitant to speak up when part of a group is that if we think that
A) others in the group are smarter, our problem-solving ability is suppressed a little. B) we are smarter than others in the group we do not want to show off. C) others in the group are less intelligent, they will not be understood. D) others are not contributing fairly, they do not want to do most of the work.
Which of the following positive relationships is not supported with consistent results?
A. between ethical performance and enhanced social responsibility B. between ethical performance and measures of financial performance C. between ethical performance and strong organizational culture D. between ethical performance and increased employee efforts