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Social Science Clinic => Business => Finance => Topic started by: strangeaffliction on Jul 11, 2018

Title: In addition to the information contained in Table 4-4, you know that the current ratio for 2010 is 4 ...
Post by: strangeaffliction on Jul 11, 2018

In addition to the information contained in Table 4-4, you know that the current ratio for 2010 is 4
  and that the corporation paid 11,600 in dividends in 2010. What is Wes Donnell's cash balance for
  2010?
 
  A) 6,500 B) 2,500 C) 4,000 D) 13,600

Question 2

Tracy is a trust officer at a bank. One of her responsibilities is to manage funds that have been set aside for the benefit of minor children. What type of bond guarantees that Tracy will faithfully execute her required duties in this capacity?
 
  A) fiduciary bond
  B) public official bond
  C) court bond
  D) performance bond

Title: In addition to the information contained in Table 4-4, you know that the current ratio for 2010 is 4 ...
Post by: katara on Jul 11, 2018

Answer to Question 1

C

Answer to Question 2

Answer: A

Title: In addition to the information contained in Table 4-4, you know that the current ratio for 2010 is 4 ...
Post by: strangeaffliction on Jul 11, 2018

Correct answers!

Title: In addition to the information contained in Table 4-4, you know that the current ratio for 2010 is 4 ...
Post by: katara on Jul 11, 2018

Great! Please up vote :D