E-signatures are valid in all 50 states

Indicate whether the statement is true or false


True

Business

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If Tommy's Subs Company has a current ratio of 2.5 and current assets of $195,000, the amount of working capital is:

a. $117,000 b. $330,000 c. $380,000 d. $78,000

Business

The following data were abstracted from the records of Ballistic Corporation for the year: Sales ................................................. $900,000 Bond interest expense ................................. 50,000 Income taxes .......................................... 200,000 Net income ............................................ 300,000 How many times was bond interest earned?

a. 18.0 b. 15.0 c. 11.0 d. 10.0

Business

Penetration pricing may be wise if the firm expects strong competition very soon after introduction.

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

Business

The condition that VLOOKUP assumes is that:

a. there are no nonzero values in the range. b. all the arguments are of the same dimension. c. the first column of the table is sorted in ascending order. d. the columns with empty cells are to be neglected.

Business