ACCOUNTING LESSON.docx - 1 has no formal appeal rights...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
1. _______ has no formal appeal rights resulTng from employment terminaTon when there are valid business reasons. A. Professionals B. ExecuTves C. Managers D. Supervisors 2. When a bank requires a customer to leave a minimum balance on deposit, it is called a _______ cash balance. A. compensaTng B. transacTon C. precauTonary D. speculaTve 3. A parTal balance sheet data for BMX CorporaTon is shown below in millions (M). Cash $1M Marketable securiTes $1M Notes payable $5M ±axes payable $1M Notes receivable $4M Buildings $5M Accounts payable $4M Accounts receivable $2M Inventory $3M
Image of page 2
Equipment $5M What are the total assets of the BMX CorporaTon? 4. Which of the following bonds earn interest based on the inFaTon rate? D . Indexed 5. An execuTve could be terminated under which of the following condiTons? 6. Which of the following debt raTos indicate a risky situaTon for a company to pay o² its debts?
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern