Organizations will not invest in making a product or providing a service unless it will provide a minimum return

Indicate whether the statement is true or false

T

Business

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In the current year, Jensen had the following items: Salary-$50,000 Inheritance-25,000 Alimony from ex-spouse-12,000 Child support from ex-spouse-9,000 Capital loss on investment stock sale-(6,000) What is Jensen's AGI for the current year?

a) $84,000 b) $44,000 c) $62,000 d) $59,000

Business

The quick ratio differs from the current current ratio in that accounts receivable are excluded from current assets

Indicate whether the statement is true or false.

Business