If you anticipate strong economic market conditions, you may want to
A) shift more funds to bonds.
B) shift more funds to stocks.
C) allocate more to cash.
D) shift more funds to bond mutual funds.
Answer: B
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The primary level of the national ambient air quality standards (NAAQS) protects ________
A) flora B) human beings C) water bodies D) climate
Law created by the legislative branch of government is called
A) common law B) by-law C) statute law D) judicial law E) equitable law
Which of the following would not represent a financing activity?
A. Borrowing money from a bank to purchase new equipment. B. Buying supplies. C. Paying dividends to stockholders. D. An investment of capital by the owners.
Data from Yochem Corporation's most recent balance sheet appear below: Cash$16,000 Marketable securities$24,000 Accounts receivable, net$39,000 Inventory$53,000 Prepaid expenses$11,000 Current liabilities$109,000 Required:Compute the company's acid-test (quick) ratio.
What will be an ideal response?