Terastar Corp A)75%
B)20

question 160

Multiple Choice

Terastar Corp.reports the following amounts: What is the ratio of cash to noncash assets?
$$\begin{array} { | c | c | c | } \hline \text { Cash } & \text { Total Assets } & \text { Total Liabilities } \\\hline \$ 10,000 & \$ 50,000 & \$ 35,000 \\\hline\end{array}$$

• A)75%.
• B)20%.
• C)25%.

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Definitions:

Public Good

A product or service that is available for all to consume, regardless of who pays and who doesn't, characterized by non-excludability and non-rivalry.

Free-ride

The act of benefiting from resources, goods, or services without paying for the cost of the benefit.

Rival

In economics, a good or service is considered rival if its consumption by one individual prevents simultaneous consumption by other individuals.

Excludable

Refers to a property of a good or service where it's possible to prevent people who have not paid for it from having access to it.