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Verizon [17]
3 years ago
13

Calculate the current ratio for each of the following companies. (Round your answers to 2 decimal places.) 2. Identify the compa

ny with the strongest liquidity position. (These companies are competitors in the same industry.)
Business
1 answer:
Rudik [331]3 years ago
4 0
So what is the problem exactly
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A. treats financial indicators as the sole measurement of performance B. evaluates performance based on organizational participa
natta225 [31]

Answer:

Option D: Incorporates both financial and operational performance measures

Explanation:

Balance Scorecard Concept

This was said to be published in 1992 by Kaplan and Norton. Thereafter, a book version was made in 1996.

It is also said to be a form of Traditional performance measurement that depends on external accounting data as out of date(old/out of use).

This approach aim to obtain 'balance' to the financial perspective.

Balanced Scorecard

This is simply regarded as a form of strategic planning and management system that is being used to merge or align business activities to the vision and strategy of the organization through the act of monitoring performance against strategic goals.

Importance of Balanced Scorecard

1. Improve organizational performance by measuring what matters

2. Increase focus on strategy and results

3. Align organization strategy with workers on a day-to-day basis.

3. Focus mainly on the drivers key to future performance

6 0
3 years ago
a) Sixteen years ago your parents opened a saving account in your name and made a lump sum deposit, today the balance of this ac
Sonbull [250]

Answer:

$102,348.034

Explanation:

It is a simple problem of Compound Interest, we have to find the Principle amount invested.

Given:

Future value (F) = $260,000

Rate(R) = 6% = 6/100 = 0.06

Number of years (n) = 16 years

Initial deposit (C) = ?

Calculation:

Future value (F) = C\times (1+R)^n\\Future value (F) = C (1+0.06)^{16}\\260,000 = C(2.54035168)

$260,000/2.54035168 = C

$102,348.034 = C

So, Initial cash Deposit = $102,348.034

8 0
3 years ago
At January 31, the end of the first month of the year, the usual adjusting entry transferring expired insurance to an expense ac
maw [93]

Answer:

(a)Income statement:

Insurance expense - understated

net income - overstated

(b) balance sheet:

prepaid insurance - overstated

stockholders equity - overstated

Explanation:

5 0
3 years ago
True or False: In business messages, the quantity of words enhances the quality of the message. True False
galina1969 [7]

Answer:

The statement is: False.

Explanation:

Many people have the wrong idea that writing long paragraphs is better to provide a more professional look to a study or report. However, in business especially, the optimal rule to follow is to be short and concise. Managers need information that will help them make decisions. Thus, the data provided must give clear conclusions from where the decisions can be taken. Wordy reports seem unuseful for that purpose.

5 0
4 years ago
Does anybody know business laws and ethics
RoseWind [281]
Yes i do
step by step explanation:
6 0
3 years ago
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