Current assets minus current liabilities is:
A. Quick assets.
B. Current ratio.
C. Working capital.
D. Profit margin.
E. Financial leverage.
Answer: C
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When using financial performance measures, which of the following statements is incorrect?
A) Most companies use a weighted-average to determine the amount of average assets for ROI calculations. B) Average total assets are used for both ROI and RI computations. C) The limitations of financial performance measures reinforce the importance of the balanced scorecard. D) In general, calculating ROI based on the net book value of assets gives managers an incentive to continue using old, outdated equipment because its low net book value results in a higher ROI.
Many companies are unwilling participants in identity theft. All of the following are practices that facilitate identity theft, except for the failure to
A. use key logging monitoring programs. B. maintain personnel security. C. install a firewall. D. use hard-to-guess passwords.
If your cover letter states that you have excellent proofreading skills, a typographical error (a nonverbal signal) will overshadow the actual message content
Indicate whether the statement is true or false
Explain how the Black-Scholes-Merton model has been extended to allow for multiple bond issues in a corporation's debt structure
What will be an ideal response?