A company is technically insolvent when

A) earnings before interest payments are less than the interest payments.
B) it lacks the necessary liquidity to promptly pay its current debt obligations.
C) current ratio is less than 1.0.
D) cash outflows in a given period are greater than cash inflows.


B

Business

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Promotions that are directly oriented to end users and include coupons, contests, premiums, refunds, rebates, free samples, and price-off offers are:

A) consumer promotions B) rebate programs C) direct marketing programs D) trade promotions

Business

Which of the following statements is true of members of Generation X?

a. They were hit hard by the Great Recession. b. They spend the least on food and family-oriented products. c. They are aged between eighteen to twenty-five years. d. They spend the least on housing than any other cohort.

Business

A quasi-contract is another term for a bilateral contract

Indicate whether the statement is true or false

Business

A landlord has the right to enter a leased property to make emergency repairs without notifying the tenant

Indicate whether the statement is true or false

Business