This topic contains a solution. Click here to go to the answer

Author Question: Companies rely exclusively on publications such as the U.S. Department of State Indexes of Living ... (Read 112 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
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
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
YES! Correct, THANKS for helping me on my review


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library