Author Question: This ratio is useful in revealing a firm's ability to pay its bills. a. Working Capital b. Ability ... (Read 234 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?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library