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

Author Question: Firms A and B have the same current ratio, 0.83; the same sales, $1,000,000; and the same current ... (Read 5 times)

allihubbard

  • Full Member
  • ***
  • Posts: 169
on: Aug 7, 2023

Question 1

Even though Firm A’s current ratio exceeds that of Firm B, Firm B’s quick ratio might exceed that of A. However, if A’s quick ratio exceeds B’s, A’s current ratio might be less than that of B.

◦ true
◦ false

Question 2

Firms A and B have the same current ratio, 0.83; the same sales, $1,000,000; and the same current liabilities, $600,000. However, Firm B has less inventories than A. Therefore, we can conclude that B’s quick ratio must be smaller than A’s.

◦ true
◦ false
Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by allihubbard on Aug 7, 2023

Preeti

  • Full Member
  • ***
  • Posts: 163
Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


allihubbard

  • Member
  • Posts: 169
Reply 2 on: Aug 7, 2023
Gracias!

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
Co-current flow in a concentric tube heat exchanger Co-current flow in a concentric tube heat exchanger
A current model for protein secretion by prokaryotes A current model for protein secretion by prokaryotes
Fire activity ratio Fire activity ratio
The Effect of Using a Ratio Scale The Effect of Using a Ratio Scale
Finding the angle from a ratio (Part 2) Finding the angle from a ratio (Part 2)
Video: Summary of glucose catabolism

For a complete list of videos, visit our video library