When calculating the cash ratio, the numerator includes cash equivalents

Mr. Johnson has listed nine acres of land with a broker at a listing price of $78,300. A friend of his wants to buy part of the land measuring 100 feet by 145.2 feet. The purchase price of the smaller parcel will be based on the listed price and will be:

A: Less than$2,500; B: More than $2,500 but less than $3,000; C: More than $3,000 but less than $3,500; D: More than $3,500.

Atlas Imports and Exports sells products directly to consumers via the Atlas Web site, and through local retailers as well. Which of the following is evident here?

A) corporate vertical marketing system B) horizontal marketing system C) multichannel distribution system D) administered vertical marketing system E) conventional distribution channel