The current ratio is 1.5.
<h3>What is the current ratio?</h3>
Current ratio is a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations.
Current ratio is the ratio of current assets to current liabilities. Current assets are assets that would be used up in a year. Current liabilities are debt obligations that would be settled within a year. Current liabilities excludes long-term debt.
The higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations.
Current ratio = current asset /current liability
= 600 / (1500 - 1100)
= 600 / 400
= 1.5
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Answer:allocative efficiency; marginal costs
Explanation:allocative efficiency is at an output level where the Price equals the Marginal Cost (MC) of production. This is because the price that consumers are willing to pay is equivalent to the marginal utility that they get. Therefore the optimal distribution is achieved when the marginal utility of the good equals the marginal cost.
The marginal cost is the cost of producing one additional item and is used to pinpoint the optimal economy of scale. The marginal benefit is the greater enjoyment created by producing one additional item.
Answer:
A student loan I guess is the answer
Answer:
Housekeeping refers to the general cleaning of hospitals and clinics, including the floors, walls, and certain types of equipment, tables and other surfaces. The purpose of general housekeeping is to: reduce the number of microorganisms that may come in contact with patients, visitors, staff and the community.
Answer:
B) Top-down design
Explanation:
When someone carries out a top-down design, he/she is dividing a complex system in smaller parts in order to understand how each part works and how they work with other parts or sub-systems. A top-down approach basically starts at large and then breaks down the system into smaller and more manageable parts.
