The most liquid of all assets is

a. cash.
b. inventory.
c. marketable securities.
d. accounts receivable.


A

Business

You might also like to view...

The ____________________________ of a single sum represents the value today of a single amount to be received or paid at a future time

Fill in the blank(s) with correct word

Business

Murphy Company uses 3,00 . yards of material each day to make hats. It usually takes five days from the time Murphy orders the material to when it is received. If Murphy's desired safety stock is 6,00 . yards, what is Murphy's order point?

a. 6,00 . yards b. 12,00 . yards c. 15,00 . yards d. 21,00 . yards

Business

What are some of the ethical and social challenges faced by operations managers?

What will be an ideal response?

Business

The following items appeared on the financial statements of Monroe, Inc. on December 31, Year 1:    Common stock, $100 par, 80,000 shares authorized, 20,000 shares issued and outstanding$2,000,000 Retained earnings 1,370,000  On September 10, Year 2, when the market value of the Monroe stock was $140, the company declared and distributed an 8% stock dividend. Indicate whether each of the following statements is true or false._____ a) Retained earnings would increase by $224,000 as a result of the stock dividend._____ b) The balance in common stock would increase by $64,000 as a result of the stock dividend._____ c) Total paid-in capital would be $2,224,000 after the dividend had been distributed._____ d) Total equity would not be affected by the dividend._____ e) Cash flow from

financing activities would increase by $224,000 as a result of the stock dividend. What will be an ideal response?

Business