If equal amounts are added to the numerator and the denominator of a current ratio equal to one, the ratio will
A) increase.
B) decrease.
C) stay the same.
D) equal zero.
B
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Beauty pioneer Estée Lauder does not utilize Internet marketing because the multimillion-dollar cosmetics business uses three means of communication: "telephone, telegraph, and tell a woman."
Indicate whether the statement is true or false
Why have American youth, in general, been exposed to a greater diversity of cultures than previous generations?
What will be an ideal response?
A paralegal works for a toy manufacturer and there was a product recall. That recall likely came from:
A) Consumer Product Safety Commission. B) Landrum-Griffin Act. C) Occupational Safety and Health Board. D) Food and Drug Administration.
Baker Corp is required by a debt agreement to maintain a current ratio of at least 2.5, and Baker's
current ratio now is 3. Baker wants to purchase additional inventory for its upcoming Christmas season, and will pay for the inventory with short-term debt. How much inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million? A) $4.50 million B) $1.67 million C) $0.50 million D) $6.00 million