The original will of the decedent is kept by the executor and a copy of the original will is filed with the court clerk's office

Indicate whether the statement is true or false.


F

Business

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Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the quick ratio, rounded to one decimal point?

A) 2.2 B) 3.5 C) 3.0 D) 1.6

Business

Jerrel Corporation sells a product for $230 per unit. The product's current sales are 24,000 units and its break-even sales are 17,280 units.The margin of safety as a percentage of sales is closest to:

A. 39% B. 28% C. 72% D. 61%

Business

A restaurant with overscheduled staff on a slow night is an example of ______.

a. insufficient capacity in the form of busy resources and poor service quality b. excess capacity in the form of idle resources c. excellent service quality d. service recovery

Business

A list of the tasks, broken down into modules, components, and individual tasks, is called a

A) work breakdown structure (WBS). B) PERT. C) planning matrix. D) critical path.

Business