Joshua Is a Highly Accomplished Soccer Player and a Successful

question 13

Multiple Choice

Joshua is a highly accomplished soccer player and a successful coach.He is often hired by other coaches to run soccer clinics and soccer camps for their teams.If Joshua decides to incorporate and sell stock to finance the corporation,the area of law that he would need to be aware of with regard to the stock sales would be

• A) securities law.
• B) intellectual property law.
• C) employment discrimination law.
• D) antitrust law.

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Definitions:

Receivables Turnover

A financial ratio that measures how effectively a company collects its accounts receivable, calculated by dividing total sales by average accounts receivable.

Inventory Turnover

A measure of how frequently a company sells and replaces its stock of goods during a period, offering insight into sales efficiency and inventory management.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Earnings Before Interest

An indicator of a company's profitability calculated by subtracting all expenses except interest from revenues, commonly referred to as EBIT.