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NEW QUESTION: 1
An inventory write-down has a negative effect on:
I). liquidity ratios.
II). profitability ratios.
III). activity ratios.
IV). solvency ratios.
A. I, II and III.
B. I, II and IV.
C. All of them.
Answer: B
Explanation:
An inventory write-down will positively affect activity ratios such as inventory turnover because the asset base (denominator) is reduced. However, all other ratios will be negatively affected as both the profit and the carrying amount of inventory are reduced.

NEW QUESTION: 2
What is the benefit of using VLSM?
A. To save a wested ip address
B. To expand a subnet
Answer: A

NEW QUESTION: 3
CORRECT TEXT
_________define basic parameters used to calculate the interest
Answer:
Explanation:
Interest calculation types

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