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1.Is it possible to have a 2:1 Current Ratio yet it is not adequate to obtain financing from a bank? (2 Marks) 2 Gurpreet Tech

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1.Is it possible to have a 2:1 Current Ratio yet it is not adequate to obtain financing from a bank? (2 Marks) 2 Gurpreet Tech Inc, declared and paid an $8 per share cash dividend on its common shares during the current accounting period. The current market value of the Gurpreet Tech Inc. shares is $64 per share. a. Calculate the dividend yield_(1 Mark) b. Would the Quick Video Inc. shares be classified as growth or income shares. Why? (2 Marks)

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