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Author Question: If a firm is trying to grow more rapidly, which of the following identifies a ... (Read 71 times)

james9437

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on: Jul 11, 2018
If a firm is trying to grow more rapidly, which of the following identifies a non-financially-related course of action?
 
  A) increase the retention ratio
  B) reduce dividends
  C) increase asset turnover
  D) increase the debt to equity ratio

Question 2

State X hired Build-Right Construction to build a bridge. State X required that construction be completed within 2 years after the contract was signed. Les Johnson is the president of Build-Right.
 
  State X required that Build-Right's promise to perform be guaranteed by a third party. Build-Right purchased a performance bond from Rock Solid Indemnity. The bond requires Rock Solid to be responsible if Build-Right does not have the project completed on time. In this scenario, which party is the obligee?
  A) State X
  B) Build-Right Construction
  C) Les Johnson
  D) Rock Solid Indemnity


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SeanoH09

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

Answer: A


james9437

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
Excellent

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