20. What was British Pub's current ratio for 199X?
21. What was British Pub's return on total assets for 199X?
22. What was British Pub's return on owners' equity in 199X?
a) 4.81% *
23. What was British Pub's book value per share at year-end 199X?
24.Which of the following statements is most correct?
a.If an investor sells 100 shares of Microsoft to his brother-in-law, this is a primary market transaction.
b.Private securities are generally less liquid than publicly traded securities.
c.Money markets are where short-term, liquid securities are traded, whereas capital markets represent the markets for long-term debt and common stock.
d.Statements b and c are correct. *