Quiz_Week5 - I got 48/68 (multiple-choice only). I missed 5...

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I got 48/68 (multiple-choice only). I missed 5 multiple-choice questions. 1
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1. A potential significant liability is possible if the company withdraws from a multi-employer pension plan. 1. True 2. False 2
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2. The debt to tangible net worth ratio is a more conservative ratio than the debt ratio. 1. True 2. False 3
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3. The balance sheet pension liability considers the projected benefit obligation. 1. True 2. False 4
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4. In the short run, a firm can often meet its interest obligations even when the times interest earned is less than 1.00. 1. True 2. False 5
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5. Some revenue and expense items never go on the tax return, but do go on the income statement. 1. False 2. True   6
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6. Which of the following statements is not true relating to a capitalized (capital) lease? 1.  The leased asset is in the fixed assets and the related obligation is included in liabilities. 2.  On the balance sheet, the capitalized asset amount will usually be higher than the capitalized liability amount. 3. 
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Quiz_Week5 - I got 48/68 (multiple-choice only). I missed 5...

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