The Convention on Bills of Exchange as well as U.S. and English domestic laws require the language "bill of exchange" to appear clearly and prominently on the face of the instrument

Indicate whether the statement is true or false

False

Business

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What will be an ideal response?

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Use the balance sheet of Maine, Inc to calculate the current ratio for 2017 and 2018

Maine, Inc Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets $200,000 $100,000 Property, Plant, and Equipment, Net 550,000 500,000 Other Assets 50,000 50,000 Total Assets $800,000 $650,000 Liabilities Total Current Liabilities $150,000 $100,000 Long-term Debt 350,000 250,000 Total Liabilities 500,000 350,000 Stockholders' Equity Total Stockholders' Equity 300,000 300,000 Total Liabilities and Stockholders' Equity $800,000 $650,000 What will be an ideal response

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