Which financial ratio appears most frequently in loan agreements according to commercial loan officers?
a. Quick Ratio
b. Cash Flow/Total Debt
c. Debt/Equity
d. Times Interest Earned
e. Cash ratio
C
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A disadvantage of the corporate form of business is
A) lack of mutual agency. B) professional management. C) ease of transfer of ownership. D) tax treatment.
Which of the following is the best wording to avoid racial, ethnic, age, and disability bias?
A) Hsiao-Nan Yi, a Chinese American, was elected board president. B) James O'Keefe, 56, will deliver the keynote address at the awards banquet. C) AARP membership is open to anyone age 50 or over. D) Our new receptionist is confined to a wheelchair.
The Handy Dandy Corporation has an income statement that indicates that Operating Income is
$2,375,486 and Net Profit is $1,375,486. It currently has 2 million shares of common stock outstanding and 1 million shares of preferred stock that pays a dividend of $1.00 per share. What is this corporation's approximate Earnings per Share? A) $0.69 B) $1.18 C) $0.79 D) $0.19 E) $0.46
Under the Religious Land Use and Institutionalized Persons Act, expansion of religious buildings is no longer possible without federal approval
Indicate whether the statement is true or false