<span> Take it off and throw it in a direction directly away from the station
</span>
Answer:
The company's current ratio is 1.25.
Explanation:
The current ratio is calculated by dividing the current assets by the current liabilities:
current assets=$50000
current liabilities=$40000
current ratio=$50000/$40000
current ratio=1.25
According to this, the answer is that the company's current ratio is 1.25.
Answer: True
Explanation: In simple words, rule of thumb refers to generally accepted guidelines or principles that are not necessarily strict or accurate. These are nearly accurate as these are based on practical experiences rather than theory.
These guidelines helps the authorities in decision making if in case of any conflict the conflicting parties chooses to have an open discussion.
Hence from the above we can conclude that the the given statement is true.
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