Author Question: The acid-test ratio of a firm would be unaffected by which of the following? A) Inventories are ... (Read 48 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
The acid-test ratio of a firm would be unaffected by which of the following?
 
  A) Inventories are sold on a short-term credit basis.
  B) Common stock is sold and the money is invested in marketable securities.
  C) Inventories are sold for cash.
  D) Accounts payable are reduced by obtaining a short-term loan.

Question 2

To evaluate or compare investment proposals, we must adjust the value of all cash flows to a
  common date.
 
  Indicate whether the statement is true or false


jackie

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

D

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library