Your ________ is found by dividing monetary assets by current liabilities and is a good measure of liquidity
A) debt ratio
B) current ratio
C) net worth
D) net cash flows
Answer: B
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Subjective probability implies that we can measure the relative frequency of the values of the random variable
Indicate whether the statement is true or false
Which of the following securities will likely have the highest default risk premium?
A) Bbb-rated corporate bond maturing in 2020 actively traded on a major exchange B) Aaa-rated corporate bond maturing in 2015 not actively traded C) U.S. Treasury bond maturing in 2027 D) U.S. Treasury bill
A is an agreement among the few dominant firms in an industry to coordinate production and, as alleged, to cut prices temporarily in order to drive out or acquire smaller competitors, after which they could raise prices substantially
a. syndicate b. trust c. non-compete clause d. cut-throat accord
Incentive stock options may be deducted as a company expense.
Answer the following statement true (T) or false (F)