Diamond Electronics Has Ascertained That It Is Has Positive Working

question 71

Multiple Choice

Diamond Electronics has ascertained that it is has positive working capital.Which of the following must be true of Diamond Electronics?

• A) The firm's current liabilities are large enough to pay off current assets.
• B) The firm may need to borrow money from a commercial bank.
• C) The firm's current assets are large enough to pay off current liabilities.
• D) The firm does not need to issue stock.
• E) The firm would be a bad risk for any investor to consider.

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Definitions:

Segregated

Separated or divided along racial, sexual, or religious lines, often enforced by law or policy in various societies.

Inferior Facilities

Public or private establishments, such as schools or transportation, of a lower standard, often unequally provided based on racial or socioeconomic status.

NAACP

The National Association for the Advancement of Colored People, a civil rights organization founded in 1909 to fight prejudice, lynching, and Jim Crow segregation.

Sweatt and McLaurin

Reference to Sweatt v. Painter and McLaurin v. Oklahoma State Regents, landmark U.S. Supreme Court cases that challenged segregation in higher education.