________ ratio is the name of the most common liquidity ratio, current assets to current liabilities.

A. Stockholders' equity
B. Profit and loss
C. Return on investment
D. Debt-equity
E. Current


Answer: E

Business

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Assume that a company closes out any manufacturing overhead overapplied or underapplied to cost of goods sold. Then in the Schedule of Cost of Goods Sold, Adjusted cost of goods sold = Unadjusted cost of goods sold + Overapplied overhead - Underapplied overhead.

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

Business

Management at the Relaxing Pines resort chain places great emphasis on customer satisfaction and loyalty. They emphasize quiet, luxurious rooms and personalized service. In fact, bonuses are based primarily on customer evaluations. What perspective does this reflect?

A. customer B. financial C. organizational culture D. goal accomplishment E. internal processes

Business

A statistics teacher started class one day by drawing the names of 10 students out of a hat and asked them to do as many pushups as they could. The 10 randomly selected students averaged 15 pushups per person with a standard deviation of 9 pushups. Suppose the distribution of the population of number of pushups that can be done is approximately normal. If we would like to capture the population mean with 95% confidence the margin of error would be ?

A.
B.
C.
D.

Business

If the discount rate on a bond is 8 percent and the expected payment in year 1 is $952.50, calculate the price of the bond.

A. $907.14 B. $881.94 C. $1,050 D. $985

Business