Assume Verizon reports the following selected balance sheet and income statement information. 2014 2013 Current assets $16,448 $19,479 Current liabilities 25,063 23,129 Total liabilities 101,696 103,345 Equity 66,434 62,613 Earnings before interest and taxes 12,787 12,496 Interest expense 2,180 2,384 Net cash flow from operating activities 22,012 21,820 Compute the current ratio for 2014.

Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate

Refers to the way we conduct ourselves

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.