_____ refers to how effective the organization is in deploying its resources and managing its operational processes in the delivery of goods and/or services to the marketplace.

A. Solvency
B. Liquidity
C. Current assets
D. Capacity
E. Efficiency

Ans: A. Solvency

Business

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In Year 1, Stock to the Hand, Inc., issued 100,000 shares of the 1,500,000 shares of $0.60 par value common stock it is allowed to sell. The total received from issuing its common stock is $500,000. Stock to the Hand bought back 5,000 shares of its stock at a cost of $7 each. The entry to record the purchase of its stock includes a ______

a. credit Cash $35,000 b. debit Cash $35,000 c. credit Common Stock $35,000 d. debit Treasury Stock $35,000 e. credit Treasury Stock $35,000 f. debit Common Stock $35,000 g. debit Paid-in Capital in Excess of Par $35,000

Business

The prosecutor must demonstrate ________ at the time of the action at the center of a criminal trial

A) reasonable doubt B) mens rea C) Both A and B D) Neither A nor B

Business