Which of the following would increase your liquid assets?
A) Buying a new car
B) Making regular deposits to a savings account at your bank
C) Buying rental property
D) Putting more of your salary in a retirement account
Answer: B
Business
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The cash debt coverage ratio is computed by dividing net cash provided by operating activities by
a. average long-term liabilities. b. average total liabilities. c. ending long-term liabilities. d. ending total liabilities.
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One of the objectives of RESPA was to disclose kickbacks and unearned fees on the settlement sheet.
a. true b. false
Business