Author Question: The Smith Corporations current assets were 5 million and current liabilities were 1 million. What is ... (Read 72 times)

Caiter2013 · **on:** Jun 24, 2018

The Smith Corporations current assets were 5 million and current liabilities were 1 million. What is the current ratio?
a. 4:1

b. 5:1

c. 1:5

d. 1:4

Question 2

Assume that x is a random number between 0 and 1, and that the number of units expected to be sold is uniformly distributed between 300 and 500 . In this case, sales are given by the expression:
a. 300 + x
b. 500 x
c. 300 + 200 x
d. 500 200 x
e. 300 + 500 x