The ________ ratio may indicate poor collections procedures or a relaxed credit policy

The purpose of nonvoting common stock is to ________

A) limit the voting power of the management B) allow the minority interest to elect one director C) raise capital without giving up any voting control D) give preference on distribution of earnings to those shareholders who own the stock

Which of the following should be considered when deciding among alternative investments?

I. time value of money II. risks associated with each investment III. risk free rate of return IV. personal risk tolerance level A) I and II only B) III and IV only C) I, II and IV only D) I, II, III and IV