Answer: Current assets divided by current liabilities
Explanation: Current ratio is a liquidity ratio commonly used by analyst to evaluate the ability of company to pay for its short term liabilities with the given level of short term liquid assets. The difference between current assets and current liabilities is called the working capital.
The ideal current ratio as per the analyst is 1.
Revenue that is foregone (or given up) as a result of doing another activity is known as an opportunity cost
This is further explained below.
<h3>What does the opportunity cost?</h3>
Generally, In the context of microeconomic theory, the opportunity cost of a certain action refers to the value or gain that is lost as a result of participating in that activity as opposed to participating in an alternative activity.
To put it another way, it indicates that if you choose one activity over another, you will not be able to participate in the other choice.
In conclusion, An opportunity cost is the amount of potential income that is lost as a direct consequence of a decision to engage in another activity instead.
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Answer:
True
Explanation:
A person (or company or country) must specialize in the production of the good or service for which they possess a comparative advantage.
Lindsay has an absolute advantage in both cutting lawns and pruning trees, but that doesn't mean that she has a comparative advantage at both.
CEO (<span>chief executive officer)</span>
Discounting
I hope that helped
