Trumbeak Inc., an electronics company, needs to pay its debt to Breston Bank the following year. Trumbeak Inc. sells half of its shares to other companies and is able to acquire the cash it needs to pay its debt. In this scenario, Trumbeak Inc.'s ability to sell its shares to other companies in order to pay its debt to Breston Bank is measured by calculating _____.
A. asset management ratios
B. profitability ratios
C. leverage ratios
D. liquidity ratios
Answer: D
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Net income was $ 61,000 for the year. The accumulated depreciation balance increased by $14,000 over the year. There were no sales of fixed assets or changes in noncash current assets or liabilities. Under the indirect method, the cash flow from operations is $47,000
a. True b. False Indicate whether the statement is true or false
Which of the following merchandise categories is purchased in a manner similar to fashion merchandise?
A. Promotional merchandise B. Expected merchandise C. Staple merchandise D. Sample merchandise E. Seasonal merchandise
_____ is the study and design of the work environment to address physical demands placed on individuals as they perform their jobs.
A. Kinesthetics B. Phrenology C. Ergonomics D. Industrial physiology
Identify and define the five types of liabilities.
What will be an ideal response?