The _____ is a common measure of leverage that compares liabilities to assets.

A. current ratio
B. average collection period
C. debt ratio
D. inventory turnover ratio


Answer: C

Business

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Which group includes neighborhood residents and community organizations?

A) local publics B) government publics C) internal publics D) citizen-action publics E) media publics

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The selling division may use a transfer price different from that used by the division buying the item being transferred in order to evaluate the performance of the managers

Indicate whether the statement is true or false

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Which of the following accounts is decreased by a debit entry?

A) Unearned revenue B) Prepaid insurance C) Cash D) Insurance expense

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The pace of innovation has slowed in the 21st century.

Answer the following statement true (T) or false (F)

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