Answer:
D. 5.00
Explanation:
The calculation of current ratio is given below :-
Current Ratio = Current Assets ÷ Current Liabilities
where,
Current Asset = cash + account receivable + office supply
= $400 + $1000 + $600
= $2,000
and the Current Liabilities is
= Account payable + salary payable
= $300 + $100
= $400
So, the current ratio is
= $2,000 ÷ $400
= 5 times
Direct marketing tactic.
Direct marketing is a method used by companies that directly targets the potential customers they want to reach through things like direct mail, text advertisements, custom ads on social media, email marketing, and direct selling.
<span>The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in this business-driven society.</span>
Answer:
In simple words, the goals and objectives are the end meets or which every action must be taken. If the point of destination is clear the managers of the company can plan and execute effectively taking each action according to that predetermined end point.
In my experience, I had a goal to secure more than 70 percent in my final year of graduation. By clearing my goal and objective i took every step in the year to achieve that goal. This made me help myself to keep control.
When new firms have an incentive to enter a competitive market, their entry will BRING DOWN PROFITS OF EXISTING FIRMS IN THE MARKET.
This is because, those customers who are patronizing the existing firms before will start patronizing the new firms.