Answer:
b) inventory is sold on credit.
Explanation:
Liquidity is defined as the a business to use its current assets to settle it's current liabilities.
This is calculated by using the working capital ratio.
Working capital ratio = Current assets ÷ Current liabilities.
Cash and inventory contribute to a business' liquidity.
When inventory is sold on credit, it does not result in immediate increase in cash as payment is in the future. So there is a reduction in the current asset of the company.
A reduction in the numerator of the working capital ratio results in lower value of the ratio (lower liquidity)
Answer:
D. have the right to receive dividends only in the years the board of directors declares dividends.
Explanation:
As we know that the dividend is received when the board of director declared the dividend for that the company should have enough balance for distribution of dividend
After declaring the dividend the first priority is given to the preference stockholders after distributing them the remaining amount is distributed to common stockholders
This can all happen after declaring the dividend by the board of directors
Answer:
Palming off requires proof of the likelihood of confusion,hence B is the correct option.
Explanation:
Palming off is misrepresenting someone else's product as one's.This is an offence that one can be sued for in business law.
For such cases to be acceptable to courts of appropriate jurisdiction,the claimant must proof beyond reasonable that, for instance the defendant's product can be mistaken for his.
For example. a milk product branded as Nikki can be mistaken for another known as Nikke.
Given the Ricwy corporation maintenance cost is modeled by the formula y=4800+0.4x, the maintenance cost when x=9000 hours will be:
y=4800+0.4(9000)
y=4800+3600
y=$8400
The total maintenance cost for the month of August will be $8400
