Ratios that test liquidity include all of the following EXCEPT:

A) acid-test ratio.
B) current ratio.
C) return on assets.
D) inventory turnover.

C

Business

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What is the WACC, for a firm with a 60/40 debt/equity split, 8% cost of debt, 15% cost of equity, and a 35% tax rate?

A) 7.02% B) 9.12% C) 10.80% D) 13.80%

Business

All of the following are potential challenges inherent in implementing and using an environmental accounting system EXCEPT:

A. communication between various groups in the organization. B. simplicity of information required for environmental management accounting. C. identifying hidden environmental costs. D. the historical orientation of accounting.

Business