Answer:
Current ratio = <u>Current assets</u>
Current liabilities
2.6 = <u>$11,400</u>
Current liabilities
Current liabilities = <u>$11,400</u>
2.6
Current liabilities = $4,385
Quick ratio = <u>Current assets - Inventory</u>
Current liabilities
Quick ratio = <u>$11,400 - $4,000</u>
$4,385
Quick ratio = 1.69
Explanation:
Current ratio is the ratio of current assets to current liabilities. The current ratio and current assets have been provided in the question with the exception of current liabilities. Thus, we will make current liabilities the subject of the formula.
Quick ratio is calculated as current assets minus inventory divided by current liabilities. Since the current liabilities have been calculated. Then, we will divide the difference between current assets and inventory by current liabilities so as to determine the quick ratio.
Answer:
B. 1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks
Explanation:
Both Karena and Nathan are counted as unemployed according to the U.S labor force statistics.
Unemployment refers to the inability of a willing and able Individual who falls in the labor force category of a country to get a suitable job.
The labor force age group of countries differ from each other but it is usually between the age of 18-65 years.
Unemployment is a situation in which a person who is willing to work coupled and has ability(phycal, emotional) to work does not get a job.
There are different types of unemployment which includes:
1. Structural unemployment
2. Cyclical unemployment
3. Seasonal unemployment
4. Frictional unemployment
5. Underemployment
Answer:
Based on the options you have mentioned under the "comments" section, I'd choose option A. Its not useful to let social media influence you and do the deciding for you!
Explanation:
Looking at the price, comparing the cost and quality of various similar products, reading and analyzing the product reviews are all great ways to be informed and educated before spending your hard earned cash on something.
However, getting influenced through social media or through any media and letting the fancy words, graphics and quotes in marketing campaigns cloud your rational judgement is not very wise (its actually Stupid!) of course they influence you in some way, yet you must always decide rationally through logical reasoning.
Do I really need this? Are there any other products with the same quality at a lower price? Why is this so expensive? How long will it last? are some of the other basic questions you should answer before making a purchase. In the process of fining answers to such questions, you'll eventually make an informed purchase!
Answer:
Managing
Explanation:
Managing involves effectively utilising an organisation's resources and bringing employees together to meet set goals and objectives.
Good management helps create a dynamic team where employees collaborate and give their best to achieve collective goal.
Roles are well defined and review and planning is done to effectively drive the team to success.
Advertising: Advertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them. Advertising is always present, though people may not be aware of it. In today's world, advertising uses every possible media to get its message through.
Promotional and Institutional: Institutional promotion is used to convey your company's brand message to target customers. While it doesn't directly result in sales, the idea is that by promoting your company and its values, you appeal to customers that appreciate what you have to offer. Product promotion is routinely used to attract customers to a product and increase their perception of its value
