Which of the following ratios is least useful in evaluating a company's ability to pay its current debts as they become due?
a. current ratio
b. debt-to-equity ratio
c. debt service coverage ratio
d. acid-test ratio
b
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Sales representatives in which Japanese industry cultivate close, long-term relations with customers by selling door-to-door?
A) consumer electronics B) pharmaceuticals C) automobiles D) soft drinks E) groceries
A salesperson who goes into a negotiation process without any preparation is likely either to lose the sale or to:
A) make concessions to the buyer too quickly B) create a win-win solution for both parties C) sell a product that lacks superior benefits D) give the prospect too much information E) promote the competition's product
Mom's Apple Pies (MAP) earned $500,000 this year. The company follows the residual dividend policy when paying dividends. MAP has determined that it needs a total of $600,000 for investment in capital budgeting projects this year. If the company's debt/asset ratio is 40 percent, what will its dividend payout ratio be this year? MAP has no preferred stock.
A. 40% B. 28% C. 72% D. 48% E. 52%
Use hardware tools such as spreadsheets, databases, and diagramming programs for flowcharts to help you see how one set of data relates to another. _________________________
Answer the following statement true (T) or false (F)