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

Author Question: What ratio is used to measure a firm's ability to pay its current liabilities and what does this ... (Read 25 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
What ratio is used to measure a firm's ability to pay its current liabilities and what does this ratio tell a manager? How can a low ratio be improved?

Question 2

A form of employee training that is accomplished by having a trainee learn by doing the work under the supervision of an experienced employee is called
 A) on-the-job training.
  B) role-playing.
  C) classroom teaching and lectures.
  D) conferences and seminars.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TINA

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A firm's current ratio can be used to evaluate a firm's ability to pay its current liabilities. A firm's current ratio is computed by dividing current assets by current liabilities. The average current ratio for all industries is 2.0, but it varies greatly from industry to industry. A high current ratio indicates that a firm can pay its current liabilities. A low current ratio can be improved by repaying current liabilities, by reducing dividend payments to stockholders to increase the firm's cash balance, or by obtaining additional cash from investors.

Answer to Question 2

A




eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library