A horizontal analysis compares items on a balance sheet using the concept of percent of increase or decrease

Indicate whether the statement is true or false


True

Business

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When a corporation sells its capital stock, certificates are issued to the stockholders and the stock is said to be issued and outstanding

a. True b. False Indicate whether the statement is true or false

Business

A company has $8,000 in cash, $9,250 in accounts receivable, and $19,500 in inventory. If current liabilities are $14,350, then the quick ratio would be

a. 5.0 to 1 b. 2.6 to 1 c. 2.0 to 1 d. 1.2 to 1

Business

Marketing effectiveness rating instruments and marketing audits are approaches to ________

A) annual-plan control B) profitability control C) efficiency control D) strategic control E) statistical control

Business

What term best defines the following type of stakeholder? “They hold participation in the distribution of profits, additional stock offerings, assets of liquidation, and may also elect the board of directors.”

A. shareholders B. employees C. creditors D. suppliers

Business