The two basic measures of liquidity are ________.

A) inventory turnover and current ratio
B) current ratio and quick ratio
C) gross profit margin and ROE
D) current ratio and total asset turnover


B) current ratio and quick ratio

Business

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Percy Martin has gross earnings of $3,500 and withholdings of $217 for Social Security tax, $51 for Medicare tax, and $420 for federal income tax. His employer pays $217 for Social Security tax, $51 for Medicare tax, $28 for FUTA tax, and $189 for SUTA tax. The total cost of Martin to his employer is

a. $485; b. $3,500; c. $3,717; d. $3,985; e. $4,648

Business

All of the following are advantages of issuing bonds rather than stock except

A) financial leverage. B) payment of bond interest is not required C) bond interest is tax-deductible. D) bondholders do not have voting rights.

Business

An example of a trial close is when the salesperson says, "Can I get your signature here?"

Indicate whether the statement is true or false

Business

Which one of the following experiences is likely to do you the most good in terms of developing job skills?

A) being assigned familiar responsibilities B) dealing with routine assignments C) having a boss with serious shortcomings D) being paid more than your peers

Business