The quick ratio is also known as the ________ test.

Fill in the blank(s) with the appropriate word(s).


acid

The quick ratio is also known as the acid test.

Business

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Answer the following statements true (T) or false (F)

1.Self-esteem is your estimation of your self-worth. 2.People from high-power-distance cultures perceive power as something they can readily change. 3.Pessimists are resilient; they have feelings of self-efficacy, a positive belief in their abilities and competence. 4.Our perceived self--our self-identity--has two key components which are self-image and self-esteem. 5.A direct communication style would likely be seen in a low-context culture.

Business

The price of a bag of chips is $1, but a customer is willing to pay up to $3. What would be the consumer surplus on this purchase?

a. $3 b. $1 c. $2 d. $4

Business

The existence of subjectivity in an asset valuation does not necessarily mean the valuation will not be reliable. All of the following are examples of this except:

a. where historical cost is used for accounts receivable, fixed assets, and other assets with values that remain relatively stable. b. where market value is used for marketable equity securities, commodities, and financial assets are traded in liquid markets c. where historical cost is used for LIFO inventory layers where inventory has seen an inflationary increase in costs. d. where historical cost is used for internally generated intangible asset valuations.

Business

In the ISO Commercial Crime Coverage form, safe burglary is defined as the

A) unlawful taking of property to the deprivation of the insured. B) unlawful taking of property from the care and custody of a person by someone who has caused or threatens to cause bodily harm or who has committed an unlawful act witnessed by that person. C) unlawful taking of money or securities through the alteration of a negotiable instrument. D) unlawful taking of property from within a locked safe or vault by someone who enters the safe or vault as evidenced by marks of forcible entry upon the exterior.

Business