A quick ratio that is much smaller than the current ratio indicates that
a. inventories represent a large portion of current assets.
b. the company has a low inventory turnover.
c. inventories represent a small portion of current assets.
d. the company has a high inventory turnover.
A
Business
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Financial innovation has widened the cost advantages that banks have in acquiring funds, helping to explain why bank profitability has soared in recent years
Indicate whether the statement is true or false
Business
Stock sales may be either
a. public or private. b. equity or debt. c. commercial or industrial d. trademark or trade secret.
Business