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Save Save Save Save a) 1 and 3 b) 1 and 4 c) 2 and 3 d) 2 and 4 Creditors would

ID: 2703317 • Letter: S

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a) 1 and 3 b) 1 and 4 c) 2 and 3 d) 2 and 4 Creditors would prefer a quick ratio of 1.2 to a quick ratio of 0.8 a quick ratio of 0.8 to a quick ratio of 1.2 days sales outstanding of 46 to a days sales outstanding of 35 days sales outstanding of 35 to a days sales outstanding of 46 Preferred stock dividends are usually cumulative. If accounts receivable are collected, the quick ratio is unaffected. Since preferred stock represents equity, it generally has the right to vote. If an investor buys stock on the ex-dividend date, that individual will not receive the dividend.

Explanation / Answer

1 and 4


True


True


False


True

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