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Author Question: A current ratio of 1.5 to 1 for an organization suggests that the organization will not be able to ... (Read 96 times)

awywial

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on: Jul 6, 2018
A current ratio of 1.5 to 1 for an organization suggests that the organization will not be able to meet its short-term debt obligations.
 
  Indicate whether the statement is true or false.

Question 2

Organizational restructuring over the past two decades has primarily led to firms with:
 
  A) more managers and fewer laborers as automation eliminates lower-level jobs.
  B) fewer people between the CEO and the lowest-ranking worker.
  C) fewer self-managed work teams.
  D) more mid-level managers.


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ladyjames123

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: FALSE
Explanation: An organization is not in danger of not meeting its debts until the ratio gets to 1:1 or lower.

Answer to Question 2

Answer: B


awywial

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Reply #2 on: Jul 6, 2018
Thank you :)


ladyjames123

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Reply #3 on: Jul 6, 2018
Happy to help you


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