This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Companies rely exclusively on publications such as the U.S. Department of State Indexes of Living ... (Read 50 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jul 6, 2018
Companies rely exclusively on publications such as the U.S. Department of State Indexes of Living Costs Abroad to determine allowances for expatriate employees.
 
  Indicate whether this statement is true or false.

Question 2

A company has a current ratio of 2.75 to 1. What should a manager in the company conclude?
 
  A) The company is getting the best possible return on its assets.
  B) The company has too many liabilities.
  C) The company is not getting the best possible return on its assets.
  D) The company is not getting the best possible return on its liabilities.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: FALSE

Answer to Question 2

Answer: C
Explanation: A current ratio of 2 to 1 is considered healthy for a typical company. Any value much lower than 2 to 1 may indicate that the company cannot meet its debts. A ratio nearing 3 to 1 suggests that the company is not using its assets efficiently, which is the situation for this company.


Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Antifreeze in living organisms Antifreeze in living organisms
Proposed relationships between living and fossil platyrrhines and catarrhines. Proposed relationships between living and fossil platyrrhines and catarrhines.
Effects of Living in Total Darkness on Monoaminergic Systems Effects of Living in Total Darkness on Monoaminergic Systems
Adults around the world living with HIV in 2009 Adults around the world living with HIV in 2009
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
People are living longer today than in previous decades People are living longer today than in previous decades
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library