In Humphrey v. Memorial Hospitals Association, Carolyn Humphrey worked for Memorial Hospitals Association (MHA) as a medical transcriptionist. Humphrey was fired on October 10, 1995 because of her history of:?
A) ?stress and anxiety
B) ?tardiness and absenteeism.
C) ?reduced sales and profitability.
D) ?surgery and heart disease.
B
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Based on the above data, what is the quick ratio, rounded to one decimal point?
a. 2.7 b. 2.6 c. 1.7 d. 0.9
Use this information to answer the following question. Pinnacle Corporation has 90,000 shares of $10 par value common stock outstanding. The following transactions occurred during the year: Mar. 17 Declared a 10 percent stock dividend to stockholders of record on March 20. Market value of the stock was $22 on March 17. 30 Distributed the stock dividend. The entry to record the transaction of
March 17 is: A) Stock Dividends 198,000 Common Stock Distributable 90,000Additional Paid-in Capital 108,000 B) Common Stock Distributable 90,000 Common Stock 90,000 C) Common Stock Distributable 198,000 Common Stock 90,000Retained Earnings 108,000 D) Stock Dividends 198,000 Cash 198,000
Which of the following accounts is most likely to appear on the balance sheet as a current liability?
A) Accumulated Depreciation B) Bonds Payable C) Mortgage Payable D) Wages Payable
Return on assets is a very important analytical tool because it measures how effectively management is using a firm's assets to generate profits
Indicate whether the statement is true or false.