Ba109 quiz 11 2023 stuvia - Study guides, Class notes & Summaries
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BA109 Quiz 11 Questions With Correct Answers (SCORED A+)
- Exam (elaborations) • 9 pages • 2023
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A business should provide the owner with a reasonable rate of return based upon: - ANSWER-the time and money invested in the business. 
 
An excessively high average payable period ratio indicates the possibility of the presence of a significant amount of past-due accounts payable. - ANSWER-True 
 
Cash requirements can be determined by dividing cash expenses by: - ANSWER-the average inventory turnover. 
 
Small businesses with high leverage ratios are more vulnerable to economic downturns, but ...
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