Answer:
The company's current ratio is 1.25.
Explanation:
The current ratio is calculated by dividing the current assets by the current liabilities:
current assets=$50000
current liabilities=$40000
current ratio=$50000/$40000
current ratio=1.25
According to this, the answer is that the company's current ratio is 1.25.
Answer:
She should take out a loan with a loan of 5 years period. In the cost and benefit term, it would better to take out the shorter loan period because automobile price tends to decrease in the following year after it has been bought. However, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with 620 credit score is 9.48%. Carmen able to pay 7.72% ((48 x 150)-(8,500-3,000))/(8,500-3,000) interest on 4-year loan and 12.72% ((60 x $150)-($8,500-$3,000))/($8,500-$3,000) on 5-year loan. It would be a safe decision to choose the 5-year loan because Carmen still able to pay the loan interest.
Explanation:
Answer: rivals announce their monthly profit margins in public.
Explanation:
Strategies are the actions or plans which are put in place by a company in order to have competitive edge over its rivals and also achieve the organization objectives.
Managers must modify their strategies when:
• changing circumstances affect performance and the desire to improve the current strategy.
• rivals make or adjust moves in the market due to the shifting needs of buyers.
• encountering stagnating market conditions and increasingly restrictive new customer acquisition opportunities.
• evidence is mounting that the current strategy is becoming less effective.
The last option isn't necessary in order to modify their strategies. Rivals announcing their monthly profit margins in public isn't enough reason for a company to alter its strategies.
Foward Inc uses a <u>Functional structure</u> to organize its sales force
Explanation:
- It is one of the Most common type of organizational structure.
- In this type of structure the employees are given roles/task as per their specialization.
For example:A employee who specializes in Human Resource management will work as a Human Resource Manager.
Similarly a employee who specializes in Finance can play the role of a Mutual Fund Advisor ,Wealth Manager.
Answer:
A bill of exchange
Explanation:
This is the answer google bill of exchange and it matches this description very close i think at least