Answer:
D. It measures a firm's ability to pay its long-term debts as they mature
Explanation:
The current ratio is a ratio of current assets and the current liability which is required to judge the liquidity of the short term.
Current ratio = (Total Current assets) ÷ (total current liabilities)
It is always expressed in times
The current assets equal to
= Cash balance + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses, etc
And, the current liabilities
= Short-term obligations + Accounts payable
Answer:
.progressive or regressive.
Explanation:
Answer:
the journal can be destroyed
Explanation:
A. consumers need to be better informed about what services are available and what those services cost.
Answer:
Role of management accounting :
1. provide internal information on operations
2. help in decision making
Utilization of management accounting principles
1. make or buy decisions
2. continuing or discontinuing of operations
Useful managerial Accounting Activities
1. planning
2. deciding on the alternative causes of action
Explanation:
Role of Management Accounting is to provide managers with information related to their operations.This includes the costs and revenue incurred, the deviations from the planned costs and revenue and profit targets.
This information would help to control costs and revenues or make certain decisions of continuing or discontinuing operating of a product or segment.
Thus managerial accounting activities that are useful are planning, deciding on the alternative causes of action, implementation, monitoring and control
