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Pavlova-9 [17]
3 years ago
11

A company could improve its acid-test ratio by selling some equipment it no longer needs for cash. a. True b. Flase

Business
1 answer:
kari74 [83]3 years ago
3 0

Answer:

true

Explanation:

acid test ratio can be calculate by ( Current assets – Inventory ) / Current liabilities. Ideally, the acid test ratio should be 1:1 or higher, however this varies widely by industry. In general, the higher the ratio, the greater the company's liquidity. by selling up equipment in exchange of cash, the will assist the company to be able to handle its current liability with the cash injection into the entity.

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​Currency markets operate under a system of _____ in which the prices of different currencies move up or down based on the deman
neonofarm [45]

Answer: Floating exchange rate                

             

Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.

Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.

A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.

4 0
2 years ago
For each of the following, state whether you expect the distribution to be symmetric, right skewed, or left skewed. Also specify
olga2289 [7]

Answer:

I have solved part a) because question contains only part a) however it has 3 more parts as well but that are not mentioned in the question. Part a) is explained below.

Explanation:

a) The distribution should be right skewed as most of the numbers lies at that side while using the median to correctly represent an observation in the distribution.

To represent the variability of the observations, interquartile range could be used. Since, there is a good number of expensive houses and this would increase the mean and standard deviation. So, it is better to use interquartile range to represent it, i.e. upper quartile for expensive houses, and lower quartile for less expensive houses and middle quartile for mid-range priced houses.

8 0
3 years ago
A savings account is useful for all of the following purposes EXCEPT…
Setler79 [48]

Answer:

D

Explanation:

5 0
2 years ago
The most important economic agents that affect the economy through saving and spending are A. households and​ corporations, via
Alex

Answer: Households and corporations, via their transactions.

Explanation: An economic agent is a major influencer of the economy, they are major determining factors, to which the direction of a country's economy would swing.

The economic agents influence the economy through their transactions of regular buying and selling of products, shares, stocks, and Services.

Examples of economic agents are regular household members, companies, businesses.

3 0
3 years ago
If the contribution margin is not sufficient to cover fixed expenses:Multiple Choicevariable expenses equal contribution margin.
andriy [413]

Answer:

The correct answer is C. Loss occurs.

Explanation:

If the contribution margin is not sufficient to cover fixed expenses:

The contribution margin is calculated by deducting from sales the variable components. <u>Unless the selling price is lower than unitary variable costs, contribution margin will never be negative.</u>

When the contribution margin is lower than fixed costs, the company incurs on a loss.

5 0
3 years ago
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