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
Ugo [173]
3 years ago
5

One common problem with the current ratio is that it is susceptible to "window dressing." If prior to the end of the accounting

period Saxon Company has a current ratio of 1.5 and management wishes to boost its current ratio it may decide to:___________
a. purchase short-term investments with cash.
b. purchase more inventory with cash.
c. pay off accounts payable prior to year-end.
d. purchase more inventory on account.
Business
1 answer:
kaheart [24]3 years ago
7 0

Answer:

c. pay off accounts payable prior to year-end.

Explanation:

The current ratio refers to the relationship between the current assets and the current liabilities

The formula to compute is as follows

Current ratio = Current assets ÷ current liabilities

It is a liquidity ratio that represents the liquidity of the company

Now for improving the current ratio first the company pay off the account payable before the year ending as it automatically reduced the balance of account payable

Hence, the correct option is c.

You might be interested in
HELPPPPP
Masteriza [31]

Answer:

I would say B, this career is unlikley to be a good fit for you.

Explanation:

It's common for your charateristicts to be different than those of the people in the job, but you must first always make sure that this is job is going to be ideal for you.

hope this helps!

4 0
2 years ago
Heidi shares in the video that she has an open-door policy in which she invites her franchise owners and their employees to shar
STatiana [176]

Answer:

A) Establish high standards for being hired for any Camp Bow Wow job and set commensurately high compensation.

Explanation:

Setting compensation that is competitive will keep employees happy with the work that they are putting and they will feel that they are being fairly rewarded for the amount of work that they are doing. Also maintaining high standards will keep business processes running smoothly and always present the company with the opportunity to implement new ideas as staff are competent and will most likely be eager to adopt the innovative ideas / concepts. Feeling as though it is a privilege to work for Camp Bow Wow will keep employees motivated and eager to perform.

8 0
3 years ago
After developing a computer locking system, Caffrey Computer Corp. worked out a licensing deal with Chicago Desktop (a potential
Vika [28.1K]

Answer:

<u>A Strategic Alliance</u>

Explanation:

A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.

It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.

The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.

Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.

In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.

3 0
3 years ago
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................
Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................   $0.9432

Premium =                             $0.0049

90-day forward.......................... $0.9531

Spot............................................   $0.9432

Premium =                             $0.0099

180-day forward........................ $0.9594

Spot............................................    $0.9432

Premium =                               $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0
3 years ago
In the following table, determine how each event affects the position of the long-run aggregate supply (LRAS) curve.
Soloha48 [4]

Answer:

  1. Will increase the labor force and the productive ability of the economy, which will shift the LRAS curve to the right.
  2. Will increase the price of oil and its subproducts (gas, plastic, etc.), which will shift the LRAS curve to the left.
  3. Will increase the productivity of the labor force, which will shift the LRAS curve to the right.

5 0
3 years ago
Other questions:
  • What tips should you follow when writing the trip report? Check all that apply.
    14·1 answer
  • Explain how union membership has affected minorities, women, older workers, and part-time workers.
    6·1 answer
  • A company produces 1 comma 0001,000 packages of dog treats per month. The sales price is $ 6.00$6.00 per pack. Variable cost is
    11·1 answer
  • An example of automatic fiscal policy is A. a change in taxes that has no multiplier effect. B. the Federal Reserve reducing int
    9·1 answer
  • In a _____ organizational structure, project managers work full-time on projects, while team members report to both functional m
    10·2 answers
  • The growth of​ _____________ has diminished the importance of national barriers and has forced companies to reevaluate their bus
    15·2 answers
  • Corporate-level managers use ______ to summarize sales by region, current inventory levels, and other company-wide metrics all i
    13·1 answer
  • List the elements of the implied warranty of merchantability and provide an example of a sale of goods that includes this warran
    8·1 answer
  • 100 points
    8·2 answers
  • Interactive voice response directs customers to use touch-tone phones or keywords to navigate or provide information.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!