Question
1) A source of cash is defined as Select one: a. Any activity which decreases the liabilities of a firm b. Any activity which brings
1) A source of cash is defined as Select one:
a. Any activity which decreases the liabilities of a firm
b. Any activity which brings cash to the firm.
c. Any transaction which increases the value of an asset account.
d. Any statement of financial position account which increases in value .
e. The change in a accounts over a stated period of time.
2) Earnings before interest and taxes divided by the interest paid is called the Select one: a. Interval measure . b. Debt - earnings ratio. Times interest earned ratio. d Debt -equity ratio . e. Cash coverage ratio
2)
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