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 47 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


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library