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QUESTION 19 If you purchase 100 shares of General Electric (GE) stock on the NYSE today, the transaction is most likely occurring a. in a dealer market. b. over-the-counter c. in the secondary market. d. in the primary market. e. in a private placement. QUESTION 20 The acid-test ratio is also called the: a. current ratio. b.cash ratio c. times interest earned ratio. d. quick ratio e. return on equity ratio QUESTION 21 The current ratio is defined as c urrent assets a. minus current liabilities. b. plus current liabilities c. divided by total assets. d. divided by current liabilities. e. multiplied by the total asset turnover