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LekaFEV [45]
3 years ago
9

Three reason why business require insurance

Business
1 answer:
Margarita [4]3 years ago
4 0
<span>it only takes one 

things happen

exclusions apply
</span><span>
</span>
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Exercise 9-15A (Static) Using the current ratio to make comparisons LO 9-7 The following information was drawn from the balance
kiruha [24]

Answer:

a. 1.5  and 1.8

b. Montana

Explanation:

Below is the calculation for the current ratio:

a. Formula used, Current ratio = Current assets / Current liabilities

Current ratio of Kansas = 59000 / 40000 = 1.5

Current ratio of Montana = 78000 / 43000 = 1.8

b. The company that has a higher current ratio will have a greater likelihood to pay bills so Montana is the correct answer.

6 0
2 years ago
The Widget Co. purchased new machinery three years ago for $4 million. The machinerycan be sold to the Roman Co. today for $2 mi
Oduvanchick [21]

Answer: A. $4,600,000; $3,900,000

Explanation:

Based on the information that have been provided in the question, the book value will be calculated as:

= Net working capital + Current liabilities + Net fixed assets

= $725,000 + $1,375,000 + $2,500,000

= $4,600,000

Market value will be:

= $1,900,000 + $2,000,000

= $3,900,000

Therefore, the answer is option A.

4 0
2 years ago
How do strategic leaders manage their firm’s resource portfolio effectively to exploit its core competencies and leverage its hu
Degger [83]

Strategic leaders manage the firm's portfolio of resources by organizing them into capabilities, structuring the firm to use the capabilities, and developing and implementing a strategy to leverage those resources to achieve a competitive advantage.

<h3>What is strategic leadership and how do you become a strategic leader?</h3><h3>Strategic leadership skills and characteristics</h3>

Key traits of an effective strategic leader include loyalty to the organization's vision, judicious use of power, transparency, effective communication, problem-solving, readiness to delegate, passion for their job, compassion, and empathy for others and self-awareness.

<h3>Why is strategic planning considered a core responsibility of an effective leader?</h3>

“Strategic planning” means planning for long-term success by continually leveraging new sources of information.

A strategy enables leaders to anticipate changes, opportunities, and challenges in the business environment that will make an impact on the future of the organization and its members.

Learn more about strategic leader here:

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8 0
1 year ago
Complete the missing word in the sentence below to progress!
iren2701 [21]

for a business to be viable,it must make a good or proper sales

7 0
2 years ago
Read 2 more answers
Jaffe found that stock prices __________ after insiders intensively bought shares and __________ after insiders intensively sold
kifflom [539]

Answer: increased, decreased

Explanation: The following case relates to insider trading which refers to the situation when some employees of the organisation,having private information regarding the decisions uses that information for gaining profit in the stock market by treading their company's stock.

When the insiders extensively bought the stock which means the company is going to make a decision from which the stock price is gonna rise and vice versa.

6 0
3 years ago
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