A(n) ________ is a document required to be filed by an equity security holder that states the amount of his or her interest against the debtor

A) proof of claim
B) proof of interest
C) voluntary petition
D) involuntary petition


B

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Assume an organization has total current assets of $300,000; total current liabilities of $75,000; inventories of $150,000; prepaid expenses of $25,000; net sales of $800,000; and beginning accounts receivable of $100,000 and ending accounts receivable of $74,000 . What is the current ratio for this organization?

a. 17.9 b. 3.0 c. $225,000 d. 4.0

Business

A periodic leasehold tenancy may be terminated:

a. upon expiration of the period. b. upon 6 months' notice in a tenancy from month to month. c. upon the date set in the lease agreement. d. upon notice at the expiration of any one period but only on adequate notice to the other party.

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All of the following are likely to result in a lower dividend, other things the same, EXCEPT

A) highly diverse ownership. B) liquidity constraints. C) debt covenants. D) statutory restrictions.

Business

What is the negative side effect on the money supply of a non-sterilized foreign exchange intervention?

A) A higher money supply eventually leads to lower inflation, and the foreign exchange objective of the central bank's policy may conflict with its abroad goal of price stability. B) A higher money supply eventually leads to higher inflation, and the foreign exchange objective of the IMF's policy may conflict with its domestic goal of price stability. C) A higher money supply eventually leads to lower inflation, and the foreign exchange objective of the central bank's policy may conflict with its domestic goal of price stability. D) A higher money supply eventually leads to higher inflation, and the foreign exchange objective of the central bank's policy may conflict with its domestic goal of price stability.

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