Company Balance Sheet as of December 31, 2014 Assets Liabilities Current Assets Current Liabilities Cash $ 42.000 Accounts payable $ 30,000 Inventory 36,000 Short-term debt.. 42.000 Prepaid expense 12.000 Total current liabilities $72.000 Total current assets.. ... $ 90,000 Non-current Liabilities Non-current Assets Bond payable 34.000 Plant and equipment (net) 58.000 Owners' Equity Patent (net). 24.000 Common stock. - 20,000 Total Assets $ 170.000 Retained earnings 44,000 Total Liabilities and Owners' Equity $ 170,000 Quentin's current ratio on December 31, 2014, is .
a. 2.12
b. 1.52
c. 1.19
d. 0.53

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?