Liquidity analysis is required to:
A) evaluate a company's profitability.
B) assess a company's ability to pay its current liabilities.
C) be reported in the financial statements for all publicly traded companies.
D) provide information about a company's capital structure.
B
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________ is the ability of the service provider to respond to the customer's needs on a timely basis
A) Reliability B) Responsiveness C) Assurance D) Empathy
The current ratio is one of the most common measures of solvency.
Answer the following statement true (T) or false (F)
One advantage of wikis is that they capitalize on ________, the practice of tapping into the combined knowledge of a large community to solve problems and complete assignments
A) crowdstorming B) ?crowdsourcing C) crowdfunding D) crowdwriting
Equity monitoring costs are lower in the United States than in other countries because:
A. debt that corporations use in the United States consists primarily of bank loans. B. capital gains are not taxed in the United States unless they exceed some minimum amount. C. U.S. companies must comply with fairly stringent financial audit requirements. D. dividends in the United States are exempt from personal taxes; i.e., investors are not required to pay taxes on the dividends they receive. E. banks in the United States hold a significant proportion of long-term bonds (debt) issued by companies, which means they can better monitor companies' debt than can banks in other countries.