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zheka24 [161]
4 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]4 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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Which of the following metrics represents the frequency of inventory replacement? Multiple Choice Inventory cycle time Customer
Rom4ik [11]

Answer:

The correct answer is Inventory turnover.

Explanation:

It is an accounting quantity that aggregates all the income that a company or accounting unit has had, due to its ordinary activity, in a given period of time.

Revenues are accounted for when they are made independently of the monetary flow, that is, the moment of payment is not taken into account. In addition, the volume of sales or business is increased as the activity grows on the part of the company and not when monetary contributions are produced by the partners.

8 0
3 years ago
For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms m
Alex787 [66]
The answer is that the given statement is True.
When firm has achieved greatest creation limit, firm should make extra speculation to extend generation plants and to accomplish this , firm should build the costs of the item which will influence the supply versatility.
5 0
4 years ago
Read 2 more answers
Prior to the adjusting process, accrued revenue has___________.
Sladkaya [172]

Answer:

a.been earned and not recorded as revenue

Explanation:

  • An accrued revenue is one that has been earned by giving a good or service and for which no revenue has been received and is recorded as receivables and balances and reflects the amount of the money that customers owe.
4 0
3 years ago
When we compare economic welfare in a monopoly market to a competitive market, the profits earned by the monopolist represent A.
Nina [5.8K]

Answer:

The correct answer is option B.

Explanation:

In a perfect competition firms are price takers and have only normal profits. On the contrary, a monopoly firm are price makers and can have positive profits.

The consumer surplus gets reduced in monopoly and the producer surplus is greater. The profits in the monopoly firm shows the transfer of surplus of benefits from consumers to the producer.

So, option B is the correct answer.

3 0
4 years ago
The marketing manager of Raven Golf Club finds that the club can increase its market share if it slashes membership prices durin
Pavel [41]

Answer:

trade off requirements in regards to price objectives

Explanation:

Based on the information provided within the question it can be said that this conflict illustrates the trade off requirements in regards to price objectives. This is illustrated by the fact that Raven Gold Club is able to increase their market share which is caused by more sales if they slash their prices, which is a trade-off. They trade high prices for more sales.

If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
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