any additional If a firm has a current ratio of 3.0 and a quick ratio of...
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any additional If a firm has a current ratio of 3.0 and a quick ratio of 0.5, without information, what is a safe assumption you can make about the business? a) The business is out of cash b) Inventory accounts for a large portion of the firm's total current assets c) The business is flush with cash d) The business is insolvent and in bankruptcy e) Accounts payable is down year to year Which corporate structures are NOT based on the individual owner's tax rates? a) Both Sole proprietorship and C-corporation b) Only C-corporation c) Only S-corporation d) Only sole proprietorship e) Both sole proprietorship and S-corporation f) Both Sole proprietorship and S-corporation g) Both S-corporation and C-corporation any additional If a firm has a current ratio of 3.0 and a quick ratio of 0.5, without information, what is a safe assumption you can make about the business? a) The business is out of cash b) Inventory accounts for a large portion of the firm's total current assets c) The business is flush with cash d) The business is insolvent and in bankruptcy e) Accounts payable is down year to year Which corporate structures are NOT based on the individual owner's tax rates? a) Both Sole proprietorship and C-corporation b) Only C-corporation c) Only S-corporation d) Only sole proprietorship e) Both sole proprietorship and S-corporation f) Both Sole proprietorship and S-corporation g) Both S-corporation and C-corporation
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