To Find Out the Relationship Between Assets That Can Be

question 90

Multiple Choice

To find out the relationship between assets that can be converted to cash within a year and liabilities that will be paid within a year,you can look up Zanzibar Corp.'s _____ ratio in its annual report.

• A)breakeven
• B)current
• C)account
• D)control

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Definitions:

Patent

A form of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a certain number of years.

Pigeon Pies

Traditional British pies made with pigeon meat, often served as a game dish.

Output

The aggregate production of merchandise or services by a corporation, sector, or economy.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.