The rate at which _____ turn(s) over measures how quickly a firm collects cash
a. accounts receivable
b. assets turnover
c. inventory
d. accounts payable
e. notes receivable
A
You might also like to view...
Which of the following transactions would not create a cash flow?
a. Payment of a cash dividend. b. The company purchased some of its own stock from a stockholder. c. Amortization of patent for the period. d. Sale of equipment at book value (i.e. no gain or loss).
The chief executive officer earns $20,000 per month. As of May 31, her gross pay was $100,000. The tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of FICA - Medicare withheld from this employee for the month of June?
A. $290.00 B. $1,240.00 C. $268.25 D. $620.00 E. $7,347.00
The ________ is a special federal appeals court that hears appeals from the Board of Patent Appeals and Interferences of the U.S. Patent and Trademark Office and federal courts concerning patent issues.
A. U.S. Court of Federal Claims B. U.S. District Court for the District of Columbia C. U.S. Court of International Trade D. U.S. Court of Appeals for the Federal Circuit
Damages in excess of compensatory damages that the court awards for the sole purpose of deterring the defendant and others from doing the same act again are known as ________ damages
A) non-liquidated B) punitive C) nominal D) liquidated