Author Question: This ratio is useful in revealing a firm's ability to pay its bills. a. Working Capital b. Ability ... (Read 232 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
This ratio is useful in revealing a firm's ability to pay its bills.
 a. Working Capital
  b. Ability to Pay Ratio
  c. Current Ratio
  d. Long-Term Ratio

Question 2

As payments are being made for debt service payments related to a capital lease, a General Fund will report
 
  A. An increase in capital assets equal to the amount of principal retired.
  B. Expenditures for interest only.
  C. Expenditures for principal reduction only.
  D. Expenditures for the full amount of the debt service payment.



stillxalice

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library