During the year, Dempsey Corporation's current ratio increased while its quick ratio decreased. Which of the following could help explain this situation?
a. A decrease in accounts receivable during the year
b. An increase in accounts payable during the year
c. The sale of short-term investments during the year
d. An increase in inventory levels during the year
D
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What is the meaning of the word annuity? Can the present value of an annuity be calculated as a series of single amounts? If so, how?
Holley is starting a new business and is trying to forecast sales. She has owned two other businesses, one of which was in the same industry as this new venture. Discuss the implications for forecasting for the new business. What could she do to increase her forecasting success?
What will be an ideal response?
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A. results-oriented B. regional C. observational D. experimental E. stimulus-response
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What will be an ideal response?