QUESTION 24 Eaton Vance Company has sales of $200,000, Cost of Goods Sold of 100,000, a net income of $15,000, and the following balance sheet: Cash $ 10,000 Accounts payable $ 30,000 Receivables 50,000 Other current liabilities 20,000 Inventories 150,000 Long-term debt 50,000 Net fixed assets _90.000 Common equity 200,000 Total assets $300.000 Total liabilities and equity $300,000 Calculate the firm's Quick Ratio 1.67 1.2 0.83 0.33 QUESTION 25 The Federal Reserve is responsible for regulation of stock markets such as the NYSE and the NASDAQ. True False