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atroni [7]
3 years ago
10

How successful is ABC Company relative to the industry average and leaders in the small specialty retail store industry? Write t

wo paragraphs or more. Include ratios found in the IBIS database to support your conclusion.
Business
1 answer:
Lerok [7]3 years ago
5 0

Answer: The first ratio, which is the current ratio have them sitting at 5.5 when the average for 2016-2017 was 1.7

Explanation:

From doing three ratios, ABC are doing well above average when it comes to the ratios carried out. The first ratio, which is the current ratio have them sitting at 5.5 when the average for 2016-2017 was 1.7 this doesn't mean they are worth meeting up with their target yet but it would require more loans and them building on what they currently have. This ratio informs them on their stand on taking more loans or not.

With an average of 2.0 in the 2016-2017 year, they are at a 1.2. The lower this ratio is the more debt they can put themselves in and not have to worry about if they could pay it off or not

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Answer:

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8 0
2 years ago
Public-opinion polls in a small city have revealed that citizens want more resources spent on public safety, an annual fireworks
Gre4nikov [31]

Answer:

The correct answer is Community swimming pools.

Explanation:

Taking into account the duties of public entities that are not susceptible of being assigned to individuals, within the three requests only that of community pools can be privatized due to the low relationship they have with the responsibilities of a public entity of this type. The other two requests are of a different nature, and, despite having involvement with other forces or interests, the local government must ensure proper management of public resources that is evident in the citizens.

3 0
2 years ago
The aggregate demand curve slopes downward indicating that
Likurg_2 [28]

Answer: Diminishing marginal utility.

Explanation: The demand curve tends to slopes downward because of diminishing marginal utility and it also slopes downwards because of the substitution and income effects.

4 0
2 years ago
Chuck has $2,500 invested in a bank that pays 4% annually. The length of time it will take for his funds to double is closest to
Arada [10]

Answer:

The answer is 17.67 years.

Explanation:

Present value is $2,500

Future value of the money to be double of the present value. This means the future value will be $5,000($2,500 x 2)

Interest rate is 4%

Number of years or periods to reach this $5,000 is unknown. So we are looking for this.

To compute this number of periods, lets use Financial calculator.

I/Y = 4; PV= -2,500; FV= 5,000; CPT N= 17.67 years.

Therefore, the number of years to accumulate to $5,000 is 17.67 years

7 0
3 years ago
Lito is a Brokerage Clerk. Which sentence best describes Lito’s job?
sergiy2304 [10]

Answer:

D just did it

Explanation:

7 0
3 years ago
Read 2 more answers
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