Author Question: Rural Hydroponics has total equity of 560,000; sales of 2,250,000; current assets of 700,000; and ... (Read 72 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
Rural Hydroponics has total equity of 560,000; sales of 2,250,000; current assets of 700,000; and
  total liabilities of 435,000. What is Rural Hydroponics' total asset turnover?
 
  A) 2.26 B) 3.21 C) 4.02 D) 5.51

Question 2

The acceleration clause in a loan agreement allows the lender to
 
  A)
 
  collect the entire unpaid balance immediately if you miss a payment.
  B)
 
  add on new collateral to an existing installment loan.
  C)
 
  collect all unpaid interest immediately if you miss a payment.
  D)
 
  step up your monthly payments from, say, 100 a month to 150 to have the loan repaid more rapidly.



fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library