Employers often hire people who present themselves well instead of others with better credentials

Indicate whether the statement is true or false


True

Business

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Which of the following does not affect retained earnings?

a. Declaration and payment of dividends b. Earning of revenues c. Investments by stockholders d. Incurring of expenses

Business

When a material person's lien is properly filed, the real property to which the improvements

have been made becomes security for the payment of these services. Indicate whether the statement is true or false

Business

If there is a breach of contract, the law requires that the other party terminate the contract and bring a lawsuit

Indicate whether the statement is true or false

Business

Excerpts from Colter Corporation's most recent balance sheet appear below: Year 2Year 1Current assets:      Cash$90 $120 Accounts receivable, net 100  110 Inventory 170  160 Prepaid expenses 40  40 Total current assets 400  430 Total current liabilities$320 $290 Sales on account in Year 2 amounted to $1,210 and the cost of goods sold was $720.The current ratio at the end of Year 2 is closest to:

A. 0.38 B. 0.32 C. 1.25 D. 1.20

Business