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-Dominant- [34]
3 years ago
10

If a company's current ratio increases from 1.2 to 1.4 from one year to the next, and its acid test ratio decreases from 0.20 to

0.15 over the same time period, the most likely explanation is that:
Business
1 answer:
Trava [24]3 years ago
5 0

Answer:

The inventory has been reportedly increased and it should be checked.

Inventory management should be further examined.

Explanation:

Current Ratio = Current Assets/ Current liabilities

An increase in the current ratio means that there is an increase in the current assets or decrease in the current liabilities.

Acid test  Ratio=  Current Assets - Inventory / Current liabilities

If the acid test ratio is decreased it means that there is an increase in current liabilities or the current assets have decreased.

If we carefully look at the two formulas we find that inventory has increased and deduction of inventory from current assets reduces the amount of current assets and increases the current liabilities giving a bigger acid test ratio.

The inventory has been reportedly increased and it should be checked.

Inventory management should be further examined.

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Microsoft studies correlations between its successful workers and the schools and companies they arrived from, an application of
sertanlavr [38]
<span>The statement about "Microsoft studies correlations between its successful workers and the schools and companies they arrived from, an application of business analytics" is true. The answer is letter B. An example is a paper called Diamonds in the Data Mine by Gary Loveman, the CEO of the Harah's gambling empire. He wanted to know how data-mining software was used to study numerous amounts of casino customer data to target profitable sponsors. So the statement above aids in the recruitment of these sponsors using data-mining software such as microsoft.</span>
4 0
3 years ago
Suppose that you are a member of the Board of Governors of the Federal Reserve System. The post 2008 economy is experiencing a s
DedPeter [7]

I will recommend a contraction of the money supply by increasing the revenue ratio or discount rate or selling bond.

I will also recommend a contraction of the money supply which would reduce the lending ability of the banking system, increase the real interest rate and reduce investment spending, aggregate demand and inflation.

<h2>Further Explanation</h2>

Supposing I am a member of the board of governors and the economy is experiencing a sharp rise in the inflation rate, I will suggest to other members and recommend a contraction of the money supply by increasing the discount rate.

The discount rate refers to an interest rate that is charged when commercial banks borrow money from the Federal Reserve System.

Also, it is required of all banks in the United States to set aside a particular percentage of their deposits in reserve.

The Federal Reserve System was created in 1913 and it is the central bank of the United States. The structure of the Federal Reserve System is made of the Board of governors and 12 Federal Reserve banks

Some of the core functions of the Federal Reserve board include

  • They regulate the money supply with monetary policy
  • They control the affairs of the financial institutions
  • They control the checking clearing procedures in both regional and national.

Learn more about the federal reserve system at:

brainly.com/question/10906598

#learnwithbrainly

8 0
3 years ago
_____ is the degree to which a job requires completion of a whole or identifiable piece of work, such as assembling an entire br
ahrayia [7]

Answer: Task Identity

Explanation:

Task identity is referred to as or known as an overall extent that a task is done from its start point to the finish point. The overall degree to which result is visible or predicted. Task identity is known to be a critical and an important element of the job satisfaction. Task identity is referred to as a vital element of a job characteristic alongside skill variety, task significance, feedback. and autonomy.

3 0
4 years ago
The senior management at a leading global corporation has decided to promote a considerable number of its employees. Since its e
NeX [460]

Answer:

Option C; VIDEOCONFERENCING.

Explanation:

Video conferencing is a technology that allows users in different locations to hold face-to-face meetings without having to move to a single location together.

Videoconferencing may be used to announce significant changes at a company, such as promotions or to present information in an interactive way that allows all participants to engage in discussion about what they see on screen.

Since the corporation's employees are spread all over the world and the senior management are keen on capturing and gauging the emotional joy and delight on the faces of those promoted, therefore, the most appropriate method in announcing the promotions would be VIDEOCONFERENCING.

7 0
3 years ago
If a business closes its accounts only at year-end
Levart [38]

Answer:

The correct answer is letter "D": Revenue and expense accounts reflect year-to-date amounts throughout the year.

Explanation:

Most firms close their accounts by the end of the year because of accounting reporting purposes. It does not imply throughout the year the firm will not be able to make reports of their performance. They actually can but closing the account relevant for the report requested. <em>By closing the accounts only by the end of the year, the revenue and expense accounts will show annual calculations in the upcoming period books.</em>

3 0
3 years ago
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