Answer:
0.3793; 0.3333
Explanation:
Quick ratio for 2018 :
= (Cash + Account receivable) ÷ Current liabilities
= ($300 + $800) ÷ $2,900
= $1,100 ÷ $2,900
= 0.3793
Quick ratio for 2019 :
= (Cash + Account receivable) ÷ Current liabilities
= ($100 + $900) ÷ $3,000
= $1,000 ÷ $3,000
= 0.3333
Therefore, the quick ratio for Evans & Sons, Inc., for 2018 and 2019 are 0.3793 and 0.3333, respectively.
false, higher gear is used for power not for speed
A. socioeconomic model
B. economic model
C. personal model
D. stakeholder model
Answer:
socioeconomic model
Explanation:
The social economic model of social responsibility explains that beyond producing goods and services for to meet the society’s needs and making reasonable profits in business, attention also should be directed towards making business decisions that takes into consideration steps to resolving social issues in a society. This would go a long way in creating a stable environment for the business to thrive and bring about long term profit.