A(n) _____ involves moving an employee into a position with greater challenges, more responsibility, and more authority than in
1 answer:
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Answer:
d) 1.32
Explanation:
The quick ratio uses only the most liquid current assets.
cash 48,000
AR 130,000
Short Term receivable 150,000
<em>Total 328,000</em>
<em><u>Important:</u></em> Sometimes it is enought by subtracting inventory from current assets
Current liabilities
account payable 230,000
short-term notes payable 10,000
unearned revenue 8,000
<em>Total 248,000</em>
<em>Quick Ratio</em>
Answer:
perfect competitor
Explanation:
Given:
Firm's total revenue when 10 units are sold = $100
Firm's total revenue when 11 units are sold = $110
Average Revenue =
or
Average Revenue = = $10
and,
the marginal revenue = $110 - $100 = $10
Since,
the average revenue and the marginal revenue for the firm is equal,
therefore, the is a perfect competitor