Answer:
D Maintaining the same level of current assets as Sam'sE Utilizing its total assets more efficiently than Sam's.
Explanation:
In general, the higher the ratio – the more "turns" – the better. But whether a particular ratio is good or bad depends on the industry in which your company operates.
Answer:
4. Debit
5.Credit
6.Credit
Explanation:
The rule is simple. If the account is Asset, its normal balance is Debit. If the account is Liability or Owner Equity, their normal balance are Credit.
The things are you have to recognize which of them are Asset, Liability or Owner Equity.
The only way is to practice, to get yourself as much exposure to financial accounting ( e.g: their are plenty of Financial Reports of Big Firms available online for you to read) as possible so you may recognize what side of the Balance Sheet these items would be categorized into as soon as you heard its name.
Answer:
The correct answer is D
Explanation:
Marginal principle is the principle which is referred to an increase in the activity level when the marginal advantage exceeds or more than the marginal cost.
So, the marginal principle of retained earnings would be when it will provide the higher rate of return than the shareholders who could achieve after paying taxes on the dividends.
Answer:
The correct answer is letter "D": master limited partnership.
Explanation:
A Master Limited Partnership or MLP is a publicly-traded partnership in which the limited partnership interest is traded in much the same way as the corporate shares. In an MLP there are two groups of partners: <em>the general partner</em> -holding a small percentage- and the <em>limited partners</em> -controlling most of the partnership. The limited partners pay MLP revenue taxes on their personal income tax returns.
