Over-the-counter market activity is reflected in the
A) Standard & Poor's composite index.
B) NASDAQ index.
C) AMEX composite index.
D) financials index.
Answer: B
Business
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A. The seller had already accepted an offer from another buyer B. She wanted the offer to be contingent on sale of the house she currently owns C. She wants to respond to the sellers counter-offer D. She was waving a contingency from her original offer
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A firm has $60,000 in cash, $200,000 in accounts receivable, and $400,000 in current liabilities. Its quick ratio is _____
a. 0.5 b. 0.65 c. 1.7 d. 2.0
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