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finlep [7]
3 years ago
6

g The current ratio is a.a solvency measure that indicates the margin of safety for bondholders. b.used to evaluate a company's

liquidity and short-term debt paying ability. c.calculated by dividing current liabilities by current assets. d.calculated by subtracting current liabilities from current assets.
Business
1 answer:
adoni [48]3 years ago
3 0

Answer:

b.used to evaluate a company's liquidity and short-term debt paying ability.

Explanation:

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.

The current ratio is sometimes referred to as the “working capital” ratio and helps investors understand more about a company’s ability to cover its short-term debt with its current assets.

A company with a current ratio less than one does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a current ratio greater than one indicates the company has the financial resources to remain solvent in the short-term.

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The precaution of prohibiting employees from bringing personal computing devices into a facility is what type of security contro
Marat540 [252]

The precaution of prohibiting employees from bringing personal computing devices into a facility is procedural type  of security control.

What are procedural security controls?

Procedural controls builds  a framework for validating and maintaining the computer system and for ensuring that users can  understand how to use the system. Procedural controls basically take the form of standard operating procedures  and user manuals.

Why is procedural security important?

Procedure security measures are important to improving security and preventing escapes as it allows risks to be addressed and dealt with appropriately.

Learn more about procedural security:

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3 0
1 year ago
Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1st. Givens Brick Company signs a $600,000, 8%, 9-mon
NeTakaya

Answer:

The journal entry for the issuance and the proceeds of the note is shown below:

Explanation:

Cash A/c.........................Dr   $600,000

    Notes Payable A/c......Cr  $600,000

The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.

7 0
3 years ago
Because investors are often unwilling to buy stock in a company without any
Svet_ta [14]
B) going public

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6 0
3 years ago
According to the basic double entry principle of accounting, we
Vlad1618 [11]

Answer:

D. Any of the above, depending on the transactions​

Explanation:

The double entry principle simply means that any accounting transaction has two records: one credit, and one debit, and it depends on the nature of the transaction, and of the accounts involved which specific value is credited and which one is debited.

For example, if a firm purchases 100$ of office supplies with cash, the credited account is cash, because cash is reduced by $100, while the office supplies account is debited by the same value.

If a firm sells 100$ of office supplies instead, the office supplies inventory is credited for this value, while the same amount of cash is debited for this same amount.

8 0
3 years ago
If Suzette responds to an increase in the interest rate by decreasing her saving, then, for Suzette, Select one: a. consumption
Ilia_Sergeevich [38]

Answer:

b. the increase in the interest rate creates an income effect that is greater than the substitution effect.

Explanation:

Interest rate can be regarded as amount that is been charged by lender for using an assets, this asset could be cash, goods, and this is usually display as a percentage of the lent principal.

The income effect gives shows how increased purchasing power can impact consumption, substitution effect on other hands, shows how changing relative income as well prices impact consumption. Both economics concepts give expression of changes that occur in the market as well as how this changes impact consumption patterns as regards consumer goods and services.

It should be noted that the increase in the interest rate creates an income effect that is greater than the substitution effect.

8 0
3 years ago
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