-Please Refer to the Financial Data for Link,Inc

question 8

Multiple Choice

-Please refer to the financial data for Link,Inc.above.The current ratio for Link at the end of 2014 is:

• A) 10.21
• B) 2.31
• C) 2.76
• D) 10.30
• E) None of the above.

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Definitions:

Entitled

Having a right or claim to something, often by law or through agreements.

Discovered

The act of finding something or someone that was previously unknown or hidden.

Duty to Act in Good Faith

A legal obligation requiring parties to act honestly and fairly towards each other within the bounds of a contract.

Commissions

Payments made to employees or agents based on the sales they generate or the deals they complete, often a percentage of the sale price.