The defensive interval ratio gauges liquidity based on current resources available to meet current cash expenditures

A firm with 60 percent of sales going to variable costs, $1.5 million fixed costs, and $500,000 depreciation would show what accounting profit with sales of $3 million?

A) $370,000 loss B) Zero loss C) $666,667 Loss D) $800,000 loss

Professional photographers can make the service tangible by:

A) showing samples. B) increasing the price. C) using high-quality cameras. D) delaying the payment.