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Author Question: The Smith Corporations current assets were 5 million and current liabilities were 1 million. What is ... (Read 96 times)

Caiter2013

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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


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vseab

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Reply #1 on: Jun 24, 2018
Answer to Question 1

b

Answer to Question 2

c


Caiter2013

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

AISCAMPING

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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