1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anika [276]
3 years ago
11

Martin Company has a cash ratio of 0.3. This implies that the company​ _________. A. is not in a position to meet its​ long-term

obligations B. has no liquidity issues C. has an unnecessarily large amount of cash supply D. is not sending a strong message to investors and creditors that it has the ability to repay its​ short-term debt
Business
1 answer:
timurjin [86]3 years ago
4 0

Answer:

D. is not sending a strong message to investors and creditors that it has the ability to repay its​ short-term debt

Explanation:

The cash ratio helps measure the liquidity of the company as it shows if it can cover its short-term debt with the cash aand cash equivalents it has. When the ratio is less than 1, as in this case, it means that  the company doesn't have enough cash to cover the short-term debt.

You might be interested in
Group Working age population Discouraged workers Employed Unemployed # in Millions 215 5 138 According to the table, the labor f
patriot [66]

Answer:

A decrease in labor force participation rate

Explanation:

The workers which are discouraged can opt out of the labor market since there is no incentive for them work anymore. The workers choosing to go out of the labor market will decrease the overall labor force participation rate. The unemployment rate can also be affected but the main effect would be on labor force participation rate

4 0
3 years ago
Your grandparents would like to establish a trust fund that will pay you and your heirs $225,000 per year forever with the first
xz_007 [3.2K]

Answer:

They must deposit $5,113,636.36.

Explanation:

Giving the following information:

Cash flow= $225,000

Interest rate= 4.4 percent

To determine the amount to be deposited today, we need to use the perpetual annuity formula:

PV= Cf/i

Cf= cash flow

PV= 225,000/0.044

PV= $5,113,636.36

They must deposit $5,113,636.36.

3 0
3 years ago
What is the argument in this formula? =AVERAGE(B11:H14) AVERAGE H11 B11:H14 B11
Whitepunk [10]

Answer:

The Answer is D. B11:H14

Explanation:

A got a good grade

8 0
3 years ago
Colgate-Palmolive Company reports the following balances in its retained earnings. ($ millions) 2010 2009 Retained earnings $14,
ahrayia [7]

Answer:  $1,031 million

Explanation:

Given that,

Retained earnings(2010) = $14,329 million

Retained earnings(2009) = $13,157 million

Net income(2010) = $2,203 million

Amount of dividends = Retained earnings(2009) + Net income(2010) - Retained earnings(2010)

                                   = $13,157 million + $2,203 million - $14,329 million

                                   = $1,031 million

Therefore, amount of dividends did Colgate-Palmolive pay to its shareholders in 2010 is $1,031 million.

3 0
3 years ago
Read 2 more answers
Select the correct answer. Ashley is a finance executive. She has gathered all the data from different departments regarding the
mrs_skeptik [129]

Answer:

Ashley is a finance executive. She has gathered all the data from different departments regarding the finances expended as well as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement?

show the sales revenue first

Explanation:

The sales revenue shown reflects the income accrued during the cause of sales and this comes first during income statement preparation

7 0
3 years ago
Other questions:
  • Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 4.5% charge on sales for using its
    10·1 answer
  • Toshlin issues financial statements on June 30. If payroll was $30,000 through June 30th and wages were to be paid on July 5. Wh
    7·1 answer
  • _______ is used to analyze and summarize your data without graphical support.
    12·2 answers
  • This clause found in a mortgage ensures that the borrower will maintain clear title on the property in the event the bank is for
    15·1 answer
  • the principal represents an amount of money deposited in a savings account subject to company interest...find how much money wil
    13·1 answer
  • A test was administered to a group of students the morning after homecoming. Several of the students appeared tired and some wer
    12·1 answer
  • Refer to the following distribution:
    14·1 answer
  • Which one is the correct answer ?
    14·1 answer
  • The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise proc
    15·1 answer
  • Because with building costs soaring out of sight, there is pent-up demand for a well-designed, green-built, contemporary home th
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!