Indicate Whether Each of the Following Statements Is True or False

question 77

Short Answer

Indicate whether each of the following statements is true or false.
_____ a) Operating cycles for most businesses are less than one year.
_____ b) If a business does not plan to use any of its current assets to repay a debt, then that debt is listed as long term even if it is due within a year.
_____ c) The current ratio is computed by dividing current assets by net income.
_____ d) The current ratio is a useful measure of a company's solvency.
_____ e) Liquidity is the ability of a business to repay liabilities in the long run.

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Definitions:

Sexual Excitement

The phase of the human sexual response cycle characterized by an increase in physiological and emotional arousal.

Inhibitions

Feelings of shyness or restraint that prevent a person from behaving freely.

Propensity

A natural inclination or tendency to behave in a particular way.

Loulan's Sexual Response Model

A model of female sexual response proposed by JoAnn Loulan that includes aspects of emotional intimacy, sexual stimuli, and sexual satisfaction.