Which of the following ratios recognizes that many firms lease rather than buy a long-term asset?
A. Fixed charge coverage ratio
B. Times interest earned ratio
C. Debt ratio
D. Net profit margin
E. Equity multiplier ratio
Answer: A
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Which statement is true concerning an income statement?
a. The income statement shows how much profit the company has earned since it began operations. b. Net income on the income statement should be equal to the amount of cash on the balance sheet. c. The income statement summarizes the results of operations for a period of time. d. The income statement indicates the liquidity of the company on an annual basis.
On average, how many students are standing directly in front of the soda machine?
The soda machine outside the lecture hall sees a steady stream of customers throughout the day. While the machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed, the student customers introduce variation into the delivery process by pondering their selection for a while. Thus, we can safely say that the service time is governed by a negative exponential probability distribution that averages 10 seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 240 per hour, Poisson distributed of course. A) 2 B) 1.33 C) 0.67 D) 0.5
Which of the following is a reason that operational data are difficult to read?
A) Dirty data B) Missing values C) Non-integrated data D) Both A and B E) All of the above
New administrative agencies are rarely created in response to a crisis.
Answer the following statement true (T) or false (F)