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NEW QUESTION: 1
Which of the following activities will decrease net working capital, all else equal? Assume the current ratio is greater than one.
I). selling of inventory at book value for cash.
II). increasing accounts payable.
III). selling marketable securities and using the proceeds to pay dividends.
A. I and II.
B. II and III.
C. I and III.
Answer: B
Explanation:
I: In this case, inventory declines and cash rises by an equal amount. Thus, there is no change in net working capital.

NEW QUESTION: 2
What is the expected behavior of the following code?

A. it outputs 2
B. it outputs 1
C. it outputs 3
D. the code is erroneous and it will not execute
Answer: C

NEW QUESTION: 3
The bandwidth allocated by the country to Unicom's GSM900M system is:
A. 10MHZ
B. 6MHz
C. 4MHz
D. 19MHz
Answer: B