Answer:
The financial analyst would be more justified in concluding the firm's liquidity position most probably has improved.
Explanation:
The current ratio is the which is used to measure or evaluate the firm short- term liquidity position and it provides a relationship among the CA (Current Assets) and CL (Current Liabilities).
As the Current ratio is 3.8 today, which is good for the firm as they have the ability to meet up its short- term obligations. Which in turn concludes that the firm liquidity position is improving.
Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
A recurring activity is one that happens on a regular basis. These activities usually are very similar and refer to the same thing and objective. Recurring activities that an organization carries out in order to enhance its efficiency and its ability to meet requirements can lead to c<span>ontinual improvement.
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Answer:
The correct answer would be option B, A bank approves mortgage for a customer. Explanation: Injecting money into the economy means increasing money supply in the economy
Explanation:
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Answer:
The incorrect statement is letter "D": Saving can only be done in person. Investing can be done both in person and online.
Explanation:
There are several differences between saving and investing. Both of them have the potential to grow capital over a specific period. While saving is beneficial in the short run, investment is in the long run.
Though, saving money implies depositing it in an account to make a profit out of the annual interest rate offered by banks. <em>The money can be deposited in person, through wire transfers or online transfers between accounts</em>. Investing is characterized by risking money through acquiring assets such as stocks, bonds, or mutual funds. That money can be provided by the investor in a meeting with the people in charge of managing the money or through online brokers.