The acid-test ratio takes the sum of cash, short-term investments, and receivables and divides the total by current liabilities. .
Acid test ratio is also known as quick ratio. It is a measure of the capability of a firm to use its short term assets to meet current liabilities. It is an example of an activity ratio.
Acid test ratio = (current asset - inventory) / current liabilities
The higher the acid-test ratio, the better the ability of a firm to meets its short term liabilities.
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Answer:economic requirement
Explanation:Product adaptation is the process of modifying an existing product so it is suitable for different customers or markets. An adaptation strategy is particularly important for companies that export their products because it ensures that the product meets local cultural and regulatory requirements.
Product adaptation is the process of modifying an existing product so it is suitable for different because it ensures that the product meets local cultural and regulatory requirements.
A panel discussion is a form of conference. It typically has differing members participating and is in front of an audience. Hopefully this helps!
Answer:
The answer is option C, i.e. It is a function showing the highest output that a firm can produce for every specified combination of inputs and is the same as production function.
Explanation:
Production technology and production function can be stated as being the same as the ultimate goals in both cases are the same. Both of the above terms aim at gaining more output in an efficient way after the utilization of the same or minimum amount of inputs used to produce that particular output. Both of them aim at efficiency and productivity.