The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year
Current assets:
Cash $414,000 $320,000
Marketable securities 496,800 336,000
Accounts and notes receivable (net) 619,200 464,000
Inventories 351,900 272,000
Prepaid expenses 188,100 208,000
Total current assets $2,070,000 $1,600,000
Current liabilities:
Accounts and notes payable (short-term) $675,000 $600,000
Accrued liabilities 225,000 200,000
Total current liabilities $900,000 $800,000
a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place.
Current Year Previous Year
1. Working capital $ $
2. Current ratio
3. Quick ratio
b. The liquidity of Nilo has (Improved/Declined) from the preceding year to the current year. The working capital, current ratio, and quick ratio have all (increased/Decreased) . Most of these changes are the result of an (Increase/Decrease) in current assets relative to current liabilities.

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?