Oxtron,Inc $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $67000
True TDD-1 $\quad$ $\quad$ $\quad$

question 39

Multiple Choice

Oxtron,Inc.sent the following price list to its customers.
Dispensers:
SBC-500J $\quad$$\quad$$\quad$$\quad$$\quad$ $670.00
True TDD-1 $\quad$$\quad$$\quad$$\quad$$\quad$ $875.00
True TDD-2 $\quad$$\quad$$\quad$$\quad$$\quad$ $1,465.00
True TDD-3 $\quad$$\quad$$\quad$$\quad$$\quad$ $1,515.00
CO2 Tank and Regulator $\quad$ $150.00
Which statement is correct?

• A)These price quotes would generally be considered offers.
• B)These price quotes would generally not be considered offers.
• C)These price quotes would generally be considered output contracts.
• D)These price quotes would generally be considered requirements contracts.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations.

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expense.

Debt-to-Assets Ratio

Debt-to-Assets Ratio is a financial ratio indicating the proportion of a company's assets that are financed through debt, used as a measure of financial leverage.

Quick-Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, calculated as (Cash + Marketable Securities + Accounts Receivable) / Current Liabilities.