A company with $75,000 in current assets, $37,500 in quick assets, and $45,000 in current liabilities makes a payment of a $3,000 on current debt. As a result of this transaction, the current ratio and quick ratio will

A) both decrease.
B) increase and decrease, respectively.
C) both increase.
D) remain the same and decrease, respectively.


B

Business

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________-commerce is one of the significant marketing opportunities made possible by the digital revolution

A) Multinational B) Mobile C) Multisegment D) Marginal-cost E) Multilingual

Business

In order to take advantage of the business judgment rule, directors must have made an informed decision and have no conflict of the interest with the corporation

a. True b. False Indicate whether the statement is true or false

Business

Under the lemon laws in most states, if a car cannot be repaired after a certain number of attempts or after a certain period of time, the owner is entitled to

a. a refund of the purchase price. b. a new car. c. either refund of the purchase price or a new car. d. neither a refund of the purchase price nor a new car.

Business

What kinds of solicitation could qualify as not-for-profit solicitation?

What will be an ideal response?

Business