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daser333 [38]
3 years ago
6

In comparing the current ratios of two companies, why is it invalid to assume that the company with the higher current ratio is

the better company?
Business
1 answer:
klio [65]3 years ago
4 0

Answer: I found the options:

A. The current ratio includes assets other than cash.

B. A high current ratio may indicate inadequate inventory on hand.

C. The two companies may define working capital in differentterms.

D. A high current ratio may indicate inefficient use of various assetsand liabilities.

Explanation: The correct answer is "D. A high current ratio may indicate inefficient use of various assets and liabilities."

Is invalid to assume that the company with the higher current ratio is te better company because a high current ratio may indicate inefficient use of various assets and liabilities, That is why it would be convenient to observe other ratios that can help us compare more fully the 2 companies.

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What is the positive impact of Commerce subject on our society?​
kkurt [141]

Answer:

E-commerce facilitates the fundamental movement of goods from suppliers to customers. They offer an ideal commerce development to do digital business and improve the global presence. E-commerce has altered the workflow of the business

5 0
2 years ago
Beverage companies often use television commercials with images of young people laughing and enjoying themselves on a beach or i
kramer

Answer:

B. Self concepts

Explanation:

Self concepts is basically talls about how individuals perceives or look at their abilities, behavior, unique characteristics and so on. Now, those beverage companies portray people laughing and enjoying themselves while drinking their brand because they aim at selling that concept of happiness as everyone's self concepts revolves around being happy and enjoying one's self. Self concepts gives an idea an individual as on himself on basis of strength, weaknesses, status, contempt and so on.

4 0
3 years ago
A CPA firm evaluates its personnel advancement experience to ascertain whether individuals assigned to increased degrees of resp
CaHeK987 [17]

Answer:

Supervision and review ( B )

Explanation:

supervision and review is part of a firm's policy used to check the results of its  previous actions or inaction  that will affect the growth and profitability of the business of the company .

Review is a way of evaluating the personnel advancement experience of the individuals given a certain task performed the given task excellently, while supervision is used to guide the individuals while they are actually carrying out the task and also to determine if they meet the predetermined criteria before being assigned to the task.    while professional ethics is the general standard set for every one regardless of the task you perform .

3 0
3 years ago
When two proprietors decide to combine their businesses and form a partnership, gaap usually requires that noncash assets be tak
Tcecarenko [31]
When proprietors decide to combine their business and form a partnership, gaap usually requires that non cash assets be taken over at : C. fair market vale
The data will be used to calculate the percentages of ownership of each combined companies

hope this helps
8 0
3 years ago
Dozens of companies produce plain white socks. Consumers regard plain white socks as standardized and don't care who manufacture
Dmitry_Shevchenko [17]

The correct answer is A) Yes, meets all assumptions.

Dozens of companies produce plain white socks. Consumers regard plain white socks as standardized and don't care who manufactures their socks: Yes, meets all assumptions.

What we are trying to do here is to define if the affirmation is about a competitive market. And the answer is yes, it meets all assumptions. The socks market is a competitive market because it has a large number of buyers and sellers that is not as big if compared to the size of the total market. The socks matter is offering barely the same product to customers. There is no differentiation at all. And in this case, companies can enter or leave the market whenever they want.

6 0
3 years ago
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