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ivann1987 [24]
3 years ago
11

The current and quick ratios help us measure a firm's liquidity. The current ratio measures the relationship of the firm's curre

nt assets to its current liabilities, while the quick ratio measures the firm’s ability to pay off short-term obligations without relying on the sale of inventories. True or False?
Business
1 answer:
inysia [295]3 years ago
8 0

Answer:

True

Explanation:

Current Ratio: The current ratio shows a relationship between the current assets and the current liabilities. The formula is shown below:

Current ratio = (Total Current assets ÷ total current liabilities )

Quick Ratio: The quick ratio shows a relationship between the quick assets and the current liabilities. The formula is shown below:

Current ratio = (Quick assets ÷ total current liabilities)

where,

Quick assets = Current assets - inventories - prepaid insurance

So, the given statement is true

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Juan Garza invested $112,000 10 years ago at 8 percent, compounded quarterly. How much has he accumulated? Use Appendix A for an
jasenka [17]

Answer:

$247,300

Explanation:

Given that

Invested amount = Present value = $11,2000

Time = 10 years × 4 quarter = 40

The rate = 8% ÷ 4 = 2%

So, we have to applying the future value formula which is presented below:

Future value = Present value × (1 + interest rate)^ time period

                      = $112,000 × (1 + 0.02)^40

                      = $112,000 × 1.02^40

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3 years ago
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denis23 [38]

Solution :

In the context, it is given Alex and J.J. both are applying for a job openings in a law firm at Chicago. Both of them got the job offer but J.J. got lower salary than Alex. The salaries are different for both J.J and Alex. Some of the possible explanations for the difference in salaries that may be related to some scenarios are :

  • Alex went to higher tier law school  ----  difference in education
  • J.J. is reentering the workforce after two years away  ---  difference in experiences.
  • Alex will be working with a notoriously difficult boss  ---  compensating differentials.
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8 0
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Which of the following terms refers to a cloud computing feature that allows for automatic allocation of computing resources in
slega [8]

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Those who provide guidelines for cloud computing recommend tools like monitoring and audit trails to tightly control all of the diverse requests and transactions that happen in the provision of cloud services, and the rapid elasticity that provides so much benefit to those who use the cloud.

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Answer:

C expense meaning cost money

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