________ are used to determine how well a company is managing its assets

A) Activity ratios
B) Leverage ratios
C) Liquidity ratios
D) Market ratios
E) Profitability ratios

A

Business

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Preferred stock is stock ________

A) that sells for a high price B) that is distributed to employees as annual bonuses C) that is distributed by corporations to avoid liquidation D) that gives its owners certain advantages over common stockholders

Business

According to federal fair lending laws, which of the following facts cannot be considered when qualifying an applicant for a loan?

a. A female applicant is four months pregnant and might not continue working once her baby is born b. A female applicant's credit report and application show gaps of several months between jobs over the past two years c. A disabled applicant's credit report shows several instances of 60- and 90-day late credit card payments d. A minority applicant does not have sufficient funds for a down payment

Business