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Misha Larkins [42]
3 years ago
15

Which of the following best describes the current ratio?

Business
2 answers:
-Dominant- [34]3 years ago
8 0

Answer:

c. liquidity ratio

Explanation:

Liquidity means having cash or access to cash readily available to meet obligations to make  payments.

For the purpose of ratio analysis, liquidity is measured on the assumption that the only sources of

cash available are:

Cash in hand or in the bank, plus

Current assets that will soon be converted into cash during the normal cycle of trade.

It is also assumed that the only immediate payment obligations faced by the entity are its current  liabilities.

There are two ratios for measuring liquidity:

Current ratio

Quick ratio, also called the acid test ratio.

Based on the above discussion, the answer is c. liquidity ratio

Mashutka [201]3 years ago
7 0

Answer:Your answer would be C liquidy ratio

Hope this helps! :-)

:

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A___ warranty promises replacement or refund for defective products.
alukav5142 [94]

Answer:

A written warranty promises replacement or refund for defective products.

5 0
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Managers at Eller Manufacturing are considering purchasing a new refrigerated delivery truck that Adaptive Practice Managerial,
juin [17]

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C) 10%

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Par value a.is the monetary value assigned per share in the corporate charter b.is established for a share of stock after it is
nika2105 [10]

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c.represents what a share of stock is worth

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Hope it helped...Please mark brainliest. Have a nice day!

4 0
3 years ago
A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a
LenKa [72]

Answer:

option A,$19,200

Explanation:

The amount stock dividend issued that needs to be transferred  from retained earnings to paid-in capital accounts by debiting the retained earnings and crediting the paid-in capital accounts is computed by the below formula:

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The correct option is $19,200 option A.

One should be misled by the issue price of $8 per share,since that gives a different option which is wrong

8 0
3 years ago
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