Use Rizwi Corporation's list of accounts at December 31, 2016 to answer the following question. Rizwi Corporation List of Accounts at December 31, 2016 Cash $30,000 Accumulated depreciation $ 12,000 Merchandise inventory 14,000 Notes payable—Due12/31/2024 120,000 Land 40,000 Accounts payable 14,000 Buildings 80,000 Equipment 33,000 Accounts receivable 25,000 Notes Payable—Due07/01/2018 14,000
What is Rizwi Corp's current ratio?
a. 0.48 to 1
b. 2.00 to 1
c. 2.55 to 1
d. 2.86 to 1
b
Business
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Providers of more intangible services offer a "menu" of products, representing carefully prescribed value-added supplementary service built around the core offering
Indicate whether the statement is true or false
Business
State legislation designed to thwart takeovers has been enacted in recent years, including _, which can delay the consummation of business combinations for years
a. business combination laws b. voting share reprisal laws c. takeover postponement laws d. control share laws
Business