Answer:
b.used to evaluate a company's liquidity and short-term debt paying ability.
Explanation:
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.
The current ratio is sometimes referred to as the “working capital” ratio and helps investors understand more about a company’s ability to cover its short-term debt with its current assets.
A company with a current ratio less than one does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a current ratio greater than one indicates the company has the financial resources to remain solvent in the short-term.
Answer:
interest payable 66,000
note payable 384,000
Land 325,000
Gain on disposal 125,000
Explanation:
600,000 x 11% = 66,000 interest payable
the land is being used to settle the note along with the accrued interest at the time:
the accounting of Transit developments record the land at cost: 325,000
as the market valuye is 450,000 so a gain for 125,000 will be recognize.
450,000 market value - 66,000 interest payable: 384,000 payment on the note principal
the entry will write-off the interest payable, decrease the note by that amount and recognize the land gain on disposal
In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.
<h3>What is communication strategy?</h3>
A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.
Hence, the significance of communication strategy is aforementioned.
Learn more about communication strategy here:
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Answer:
Corporate cultures can hinder individuals in making the "right" decisions.-c.
Answer:
Maximum daily production rate= 6.125 units per day.
Minimum daily production rate= 75.38 units per day
Explanation:
Production rate is defined as the number of units of a product that is produced in a process in unit time.
In this instance we are to calculate the production rate per day.
It is given that a cycle consists of 40 activities. Completion time for 40 activities is 80 minutes.
Daily production rate = Total time of production/Time to complete one cycle
Maximum daily production rate= 490/80= 6.125 units per day.
Minimum daily production rate= 490/6.5= 75.38 units per day
