Answer:
D) An acid-test ratio = 1.0 tells us that without adequate inventory turnover, this company may represent a higher risk. Peak Performance's acid-test ratio shows that the firm maintains $1.00 in current assets for every $1.00 in current liabilities.
Explanation:
The acid test ratio is the ratio which depicts the liquidity of the company. It excludes the inventory, prepaid expenses, etc for calculating it
The formula to compute is shown below:
Acid test ratio is
= Quick assets ÷ current liabilities
Therefore according to the given situation, the correct option is d.
It is True that when an allocation of resources maximizes total surplus, the result is said to be efficient.
This is based on the governmental policies indicators, which state that the equilibrium of supply and demand maximizes total surplus.
This is because, at the equilibrium of supply and demand, the output point is deemed efficient.
This situation is because there is no other price and quantity combination that can lead to a higher level of total surplus.
Hence, in this case, it is concluded that the statement above is True.
Learn more here: brainly.com/question/15060589
Answer: NINJA IG you pick one lol
Explanation:
Currently, U.S. currency is fiat money with no intrinsic value. Thus the correct answer is B.
<h3>What is intrinsic value?</h3>
Based on the cash flows from an investment, intrinsic value calculates its worth. The difference between market value and intrinsic value is that the first tells you how much other people are prepared to pay for an item, while the latter reveals the asset's worth based on an examination of its real economic performance.
It can be used for purposes other than serving as a means of exchange, commodity money has intrinsic worth. Fiat money has no intrinsic value and is only used as a means of exchange because the government has sanctioned its use in that capacity.
Therefore, option B fiat money with no intrinsic value is the appropriate answer.
Learn more about intrinsic value, here:
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<h3>Answer choices are:</h3>
- poll workers requiring voters to show a pay stub proving employment
- poll workers asking voters to prove home ownership
- poll workers having voters read aloud before voting to prove they could read
- poll workers creating separate lines for voters based on race
<h3>Correct answer choice is:</h3><h2>3. Poll workers having voters read aloud before voting to prove they could read.</h2>
Explanation:
The 15th Amendment to the Constitution gave African American people the freedom to vote by saying that the "right of residents of the United States to vote shall not be dismissed or digested by the United States or by any state on record of race, appearance, or past state of slavery. During the voting process vote operators having voters read loudly before casting the vote to confirm they could read.
