________ is a measure of how much money can be made available to pay obligations within the fiscal year.
A. Current ratio
B. Return on investment
C. Profitability ratio
D. Return on equity
Answer: A
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The Reciprocal Trade Agreements Act of 1934 authorized
a. the president to negotiate bilateral trade agreements with other nations. b. Congress to negotiate bilateral trade agreements with other nations. c. the president to increase tariffs without the approval of Congress. d. Congress to increase tariffs without the approval of the president.
The slope of a regression line is determined by dividing the change in total cost by the change in activity level
Indicate whether the statement is true or false
In its first year of operations, Lear Company reported financial statement income (prior to income tax expense) of $100,000 . In the same year, Lear Company reported $80,000 of taxable income, the difference being due to temporary differences. Assuming the enacted tax rate for the current year and all future years is 30%, what is Lear's current year adjustment for deferred income taxes?
a. Debit to Deferred Income Tax Liability for $6,000 b. Debit to Income Tax Expense for $6,000 c. Credit to Income Taxes Payable for $6,000 d. Credit to Deferred Income Tax Liability for $6,000 e. Credit to Income Tax Expense for $6,000
An analogy is sometimes drawn between labor negotiations and a _______________________________ to describe what happens at the bargaining table.
Fill in the blank(s) with the appropriate word(s).