In your review of abc company's financials, you note that receivables have increased approximately 200% from the previous year, while cash has declined. further investigation reveals that 70% of abc's receivables were booked within 7 days of the end of the quarter. if financial statement fraud is involved, which type is most likely?
a. fictitious revenues
b. timing differences
c. improper asset valuations
d. improper disclosures

Which result is a positive aspect of globalization?

Jackson is preparing for his hearing before the federal communications commission (fcc) involving a complaint that was filed against him by the fcc regarding the interruption of radio frequency. the order to "cease and desist" using the radio frequency has had a detrimental impact on his business. once the administrative law judge prepares his or her initial order, jackson has no further options. no, jackson can request that the matter be reviewed by an agency board or commission. yes, once the initial order is presented, it's only a matter of time before the order becomes final.

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)