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zheka24 [161]
3 years ago
14

Peak Performance Sporting Goods Company has just applied for a bank loan in order to expand the business. Using the most recent

balance sheet data provided by the company owner, you calculate that the company's current ratio is 2.5. In your presentation to the company boss, you remark:
Business
1 answer:
Deffense [45]3 years ago
7 0

Answer:

Healthy current ratio. Peak performance has $2.5 of current asset for every $1 current liability owed

Explanation:

Current ratio is a business analysis tool that is used to evaluate the ability of a company to meet short term financial obligation. It is a measure of the relationship between the current asset and and the current liability by diving the current asset by the current liability.

For the purpose of effective analysis , a good current ratio is in the range of 1.2 -2 :1.  In other word , the current asset should be higher than the current liability in at least 1.2 times .

In a situation where the current liability is greater than the current asset , it is precarious and the owing company might not be able to meet up with repayment.

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In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False
dangina [55]

Answer:

b. False

Explanation:

Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.

8 0
3 years ago
According to the path-goal theory of leadership, the level of involvement a manager utilizes should (1) be the same for all empl
harkovskaia [24]

Answer:

1. None of the above

2. All of the above

Explanation:

According to the path-goal theory of leadership, the level of involvement a manager utilizes should (1) be the same for all employees in the department, (2) be either low or high management involvement regardless of the circumstances, and (3) not be influenced by subordinates' expectations. Which statements are correct?

<u>NONE OF THE ABOVE</u>

<u>The Path-Goal theory of leadership stipulates that managers should adapt a leadership style that is employee oriented for the purpose of organizational goal achievement. </u>

<u />

This is an ability issue. When a manager's performance deteriorates because manager's ability has deteriorated. The steps to be taken will be in the order below:

(1) Determine if the resources are adequate,

(2) retrain the individual, and

(3) redesign the job.

<u>All of the above steps are correct in that order</u>

3 0
3 years ago
A __________ is a private investment pool open only to wealthy or institutional investors that is exempt from sec regulation and
guajiro [1.7K]
Hedge fund is the right answer
7 0
3 years ago
What is a joint production process? Describe a special decision that commonly arises in the context of a joint production proces
Tanya [424]

Answer:

Quy trình sản xuất nói chung là quá trình con người tác động vào tài nguyên thiên nhiên để biến chúng thành các sản phẩm có ích cho xã hội.

Explanation:

8 0
3 years ago
In Dart Co.'s Year 2 single-step income statement, as prepared by Dart's controller, the section titled "Revenues" consisted of
Amanda [17]

Answer:

  • what amount should Dart report as total revenues?

B. $250,000

Explanation:

The option B is the answer because the others option are not part of revenues during the year to the single step income.

The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.

Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.

8 0
2 years ago
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