Explain the importance of insurance to businesses

A firm has a long-term debt-equity ratio of. 3. Shareholders' equity is $.96 million. Current assets are $306,000, and the current ratio is 1.8. The only current liabilities are notes payable.

Assume that you are going to buy a new car for $25,000. You will be able to make a down payment of $3,000. The remaining $22,000 will be financed by the dealer. The dealer computes your monthly payment to be $547.47 for 48 months of financing.

The following information is available for Blossom Company: Accounts receivable $2,100 Cash $6,390 Accounts payable 4,500 Supplies 3,800 Interest payable 670 Unearned service revenue 820 Salaries and wages expense 4,800 Service revenue 40,900 Notes

Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on a population percentage basis, exceeds any nation in the West. True or False

Hilltop corp. devised a wi-fi based home security system that was not very popular initially. however, in a few years, the technology was in high demand in the market. this is an example of

After committing to take a job offered by Acme Engineering brokered by the Career Center, a young engineer graduate is tempted to decommit and take a job offer from Nexus Industries.

If Tommy started work at 7 a. m. and left at 2:45p. m., how many hours should he record for the day on his time card?

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). However, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due).

Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called

The Wheeler-Lea Act empowered the FTC to regulate the advertising of food and drugs. It declared all misleading, unfair, or deceptive practices to be illegal, regardless of injury to competition. a. True b. False