The quick ratio of a firm would be unaffected by which of the following? A. Land held for investment is sold for cash. B. Equipment is purchased, financed by a long-term debt issue. C. Inventories are sold for cash. D. Inventories are sold on a credit basis. Which asset liability combination would result in the firm having the highest risk of insolvency? A. More current assets and less current liabilities. B. More current assets and more current liabilities. C. Less current assets and less current liabilities. D. Less current assets and less current liabilities. A firm has a total asset turnover ratio lower than the industry. Its current ratio and quick ratio also meet industry standards. Based on this information, we can conclude that this firm must have excessive A accounts receivable. B fixed assets. C. debt. D. inventory. B-Box Berhad had net income of RM150,000 on sales of RM5,000,000 during 2019. The firm's total assets were RM2,500,000 and its capital structure is comprised of 40% debt and 60% equity. What was B-Box retuen on equity in 2019? A 15% B. 2.5% C. 10% D. 8.5%. Which of the following statements is FALSE? A. A dollar received one year from now will be worth more than a dollar received today. B. A dollar received one year from now will be worth more than a dollar received two years from now. C. Compounding essentially means earning interest on interest on an initial balance. D. Perpetuities pay an equal payment forever. Money has a greater time value time value A. when rates of return are higher. B. when rates of return are lower. C. when the future is uncertain. D. when investors are willing to assume greater risks