Question 36 1. Tasty Dee-Lite has current liabilities of $6630 net work

Question 36

1.

Tasty Dee-Lite has current liabilities of $6630 net working capital of $2180 inventory of $2750 and sales of $36800. What is the quick
ratio?

Answer

0.76

0.84

0.91

1.09

1.19

0.5 points

Question 37

1.

Today you deposit $2400 in a bank account that pays 4 percent simple interest. How much interest will you earn over the next 5 years?

Answer

$96.00

$101.15

$480.00

$492.16

$519.97

Question 39

1.

Travis is buying a car and will finance it with a loan which requires monthly payments of $265 for the next 4 years. His car payments can be
described by which one of the following terms?

Answer

Perpetuity

Annuity

Consol

Lump sum

Factor