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 107 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
Excellent


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

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?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library