A company that collects revenues in advance over an extended time period should disclose all the following information except ________
A) unearned revenue
B) amount of revenue recognized in earnings
C) amount of cash received from customers
D) estimated uncollectible revenues
Answer: D
Business
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The higher, the value of ________ ratio, the better able a firm is to fulfill its interest obligations
A) dividend payout B) average collection period C) times interest earned D) average payment period
Business
Often investment bankers will form a group, each one buying only a portion of the new securities to be issued. Such a group is called an underwriting ________
A) alliance B) syndicate C) association D) guild
Business