Dividing quick assets by current liabilities is the calculation for the

A. current ratio.
B. return on investment.
C. acid-test ratio.
D. ratio of liabilities to stockholders' equity.


Answer: C

Business

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Fill in the blank(s) with the appropriate word(s).

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Residual income:

A) is an alternative to ROI for manager performance evaluation.. B) is the amount of income earned in excess of a predetermined minimum level of return on assets. C) is equal to ROI - (Average operating assets x Minimum required rate of return) D) both A and B.

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Very large retail stores that carry not only foods but all goods and services that consumers purchase routinely are called

A. mass-merchandisers. B. supermarkets. C. general stores. D. supercenters. E. department stores.

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Write the dual of the following problem:

Min Z = 2x1 ? 3x2 + 5x3 s.t. ?3x1 + 2x2 + 5x3 ? 7 2x1 ? x3 ? 5 4x2 + 3x3 ? 8

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