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solniwko [45]
4 years ago
6

When you are interpreting financial ratios, it is useful to compare a company's ratios to some form of standard. true?

Business
1 answer:
antiseptic1488 [7]4 years ago
5 0
The statement is true. A financial ratio or also known as the  accounting ratio is a relative size of two chose numerical esteems taken from a venture's monetary articulations. Regularly utilized as a part of bookkeeping, there are numerous standard proportions used to endeavor to assess the general monetary state of a partnership or other association.
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a bank

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Which of the following is not an example of a group responding to an incentive? a.Students attend class because of an attendance
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Answer:

c. Universities offer fewer online classes when they generate more revenue than traditional classes.

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In this case, the fact that online classes generate more revenue than traditional classes should be an incentive for Universities to offer more online classes instead of fewer online classes. This example clearly does not represent a group responding to an incentive. All of the other examples have a clear cause and consequence relationship and therefore represent groups responding to an incentive.

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Answer:

a. 2.01 times

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5 0
4 years ago
After the posting of the accounts payable ledger and general ledger is completed, the total of the accounts payable ledger balan
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The firm will also have an Accounts Payable Ledger that will also record the payables that the firm has incurred. When the entries have been made in this ledger and also in the General Ledger, the balances should be equal to reflect proper record keeping.

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