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xxMikexx [17]
3 years ago
10

based upon the current ratio, how would creditors or lenders feel about the liquidity of the buisness? why?

Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

Current ration is a measurement that measures how many current assets are there to cover up the current liabilities. the ratio represent the firm's ability to meet the day to day, short term obligations.

it is calculated as follows,

Quick Ratio/Current asset ratio=Current Assets/Current Liabilities

a normal, health current asset ratio is 1. and it is better when the number is going up.

This gives the short term lenders (such as short term bond holders) and suppliers the ability to assess the companies ability to pay off the short term obligations in an even of  bankruptcy or  finanacial crisis.

Explanation:

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Harlamova29_29 [7]

Entrepreneurs take risks because they may lose time and money despite their high expectation of success.

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2 years ago
what attracts you to jpmorgan chase, and specifically, an opportunity in the corporate analyst development program?
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3 0
1 year ago
At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w
Julli [10]

Answer:

2.2

Explanation:

The formula for calculating price elasticity using the midpoint method is:

midpoint method = {(Q2 - Q1) / [(Q2 + Q1) / 2]} / {(P2 - P1) / [(P2 + P1) / 2]}

midpoint method = {(150 - 100) / [(150 + 100) / 2]} / {(1.20 - 1) / [(1.20 + 1) / 2]}

midpoint method = [50 / (250 / 2)] / [0.20 / (2.20 / 2)] = (50 / 125) / (0.20 / 1.1)  

midpoint method = 0.4 / 0.19 = 2.2

The advantage of using the midpoint method to calculate price elasticity is that we can calculate the price elasticity between two points, and it doesn't matter if the price increases or decreases.

If we calculate price elasticity using the single point formula:

price elasticity = % change in quantity supplied / % change in price = 50% / 20% = 2.5

7 0
3 years ago
Downward Dog Wines had to market its products with a different name in a foreign market as it was mandatory to translate the nam
andrey2020 [161]

Answer:

Legal requirement

Explanation:

When a firm or an organisation tries to enter an international or foreign market, there are few regulations which are compulsory to follow. Legal requirements are usually enforced by the local government to ensure transparency and the rule of law. It is mandatory to change a company's name into the local language before marketing. It is a legal requirement that is mandatory to follow.

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3 years ago
The government uses the revenue from taxes to pay for goods and services for the community. True False
nexus9112 [7]
The answer is true because without our tax maney we wouldnt have goods and services.
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3 years ago
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