The Eurodollar market is larger than any financial market in the United States

Indicate whether the statement is true or false

TRUE

Business

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What is the quick ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $40,000, and accrued payroll is $15,000?

A) 2.00 B) 1.18 C) 0.73 D) 1.13 E) 0.09

Business

Jayme's Best produced a new line of pasta sauce (Herbal Health), intending for it to have extra nutritional benefits. Using the freshest ingredients, Jayme's added special herbs to the tomato paste and spices, as the herbs are believed by some Tibetan monks to have the power to prevent cancer. Jayme's marketed the sauce in grocery stores and health food stores. Jayme's advertisements said that

Herbal Health may help prevent cancer and taste a lot better than the competition. Based on these facts, answer the following questions. If the advertising for the supposed health benefits of Jayme's sauce is believed by the Federal Trade Commission not to be truthful, the FTC may: a. not oppose the advertising if the product has been approved by the FDA. b. warn the public that the advertising may not be truthful, but do no more. c. order Jayme's to provide evidence to back up the health claims, but no more. d. sue to block more deceptive advertisements, but no more. e. sue to block deceptive advertisements and seek a court order for Jayme's to pay for corrective ads.

Business