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yaroslaw [1]
3 years ago
11

Which of the following is a measure of liquidity?

Business
1 answer:
wolverine [178]3 years ago
8 0

Answer:

C) Quick Ratio = (Cash + Marketable Securities + Accounts Receivable) / current liabilities

Explanation:

A liquidity ratio is a balance sheet ratio that measures the ability of a firm to meet its short term obligations. They include cash, quick and current ratios.

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Which of the following is an advantage to belonging to a labor union?
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Labor union protect the workers right and interest.

Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests

  • The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.

Some advantage of Labor union for workers are:

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2 years ago
In perfect competition, each additional unit of output that a firm sells will yield a marginal revenue that is:
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The correct answer is equal to price.

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A perfectly competitive firm is a price taker. This is because of the large number of firms, no single firm is able to influence the price. So each firm faces a horizontal demand curve. This horizontal line shows demand, marginal revenue, and average revenue.  

The price level is determined at the point where the marginal cost is equal to price. The marginal revenue is always equal to price because the price is fixed at a point, each output level is supplied at the same price.

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