Ringer Corporation had a current ratio of 3.1 at the end of 2013 . Current assets and current liabilities increased by equal amounts during 2014 . The effects on net working capital and on the current ratio, respectively, were
a. no effect; increase.
b. no effect; decrease.
c. increase; increase.
d. decrease; decrease.
B
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If a new zoning ordinance is enacted making an area a residential zone, an existing business
would have to close. Indicate whether the statement is true or false
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A) The U.S. Civil War B) World War I C) World War II D) The Korean War E) The Vietnam War
Would a new car equipped with a bumper jack, jack handle, spare tire, and warranty be the same product as the same car without these features? Explain.
What will be an ideal response?