Inventories and prepaid assets are excluded from the numerator used to compute the quick ratio
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Writing for audiences of another culture usually requires
A) a more formal style. B) a humorous anecdote. C) colorful adjectives or adverbs. D) the use of contractions such as we've to retain a conversational tone. E) the use of as much jargon as possible.
Compute the cash flow from transactions involving treasury stock.
Louisiana Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Note:
1. There were no stock retirements during the year.
2. There were no sales of treasury stock during the year.
A) zero net cash flow
B) $4500 of positive cash flow
C) $4500 negative cash flow
D) $13,000 negative cash flow
Which sentence is punctuated correctly?
A) We are seeking an efficient, reliable technician who can work independently. B) We are seeking an efficient reliable technician who can work independently. C) We are seeking an efficient, reliable, technician who can work independently.
Describe the naïve forecasting method
What will be an ideal response?