Facts, figures, ideas, and events are all considered ____________________, whereas ____________________ is data with meaning.
Fill in the blank(s) with the appropriate word(s).
data, information
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A company has $8,000 in cash, $9,250 in accounts receivable, and $19,500 in inventory. If current liabilities are $14,350, then the quick ratio would be
a. 5.0 to 1 b. 2.6 to 1 c. 2.0 to 1 d. 1.2 to 1
During very busy times in a consumer electronics store, the leader will often help customers on the selling floor. This is an example of ______.
a. contextual leadership b. leading by example c. leading by wandering around d. formal leadership
Mars Company had cash sales of $10,000. The state sales tax rate is 10.8%. What amount is debited to the Cash account?
A) $10,000 B) $11,080 C) $1080 D) $1000
Buckley is a general partner in Cut-Rate Shipping, LLLP, a limited liability lim-ited partnership, which cannot pay its debts. Buckley is personally li¬able for the debts
a. in proportion to the number of partners in the firm. b. to no extent. c. to the extent of his capital contribution. d. to the full extent.