Dividing the average total assets by the average owners' equity is called which of the following ratios?
a. equity multiplier
b. debt to equity ratio
c. current liabilities to total debt ratio
d. current ratio
A
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Bud ran a pet sitting service, but he would also gather mail, wait for delivery men or water plants for vacationers. Bud was using what method of increasing cash flows?
a. Taking deposits b. Taking progress payments c. Taking on non-core business d. Factoring receivables
The Affordable Care Act includes a provision designed to help small employers make health insurance coverage available to their employees
This provision allows small employers to reduce their federal income tax by a percentage of the employer's contribution to health insurance for employees. This subsidy, in the form of reduction of income taxes, is called a A) marginal tax rate. B) tax credit. C) tax bracket. D) tax deduction.