1. Which item is not included in the calculation for both the quick ratio and the current ratio?

A. accounts receivable
B. current assets
C. inventories
D. current liabilities

2. Alhandro, Inc. just paid an annual dividend of $1.03. It has been increasing its dividends by 4% annually and is expected to continue doing so. How much can it expect to receive for each new share of stock offered if investors require an 11% rate of return