Current ratios are computed by dividing current assets by current liabilities.
Answer the following statement true (T) or false (F)
True
Current ratios are computed by dividing current assets by current liabilities.
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Standard deviation is the maximum permissible difference between the sample statistic and the population parameter
Indicate whether the statement is true or false
On January 1 . 2013 . Canal Locks Corporation purchased drilling equipment for $11,500 . The equipment has an estimated useful life of four years and a salvage value of $200 . Given this information, if Canal uses the sum-of-the-years'-digits method of depreciation and then trades the equipment for new equipment with a fair market value of $16,000 on December 31 . 2014, and pays $8,000 cash in
the exchange, assuming the exchange has commercial substance, the new equipment should be recorded at a. $16,000. b. $12,475. c. $11,590. d. $8,110.
Salespeople at Janie's Cookie Company want to draw the attention of their customers through blogs, Twitter, and LinkedIn, rather than using more traditional activities that require making a sales call. As the marketing manager, you understand this activity to be
A. cold calls. B. preapproaches. C. outbound marketing. D. telemarketing. E. inbound marketing.
The gains from hedging would be more significant in countries who have a ________ tax jurisdiction
A) lower B) higher C) flat tax D) proportional