Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

As the accounts payable manager, you have always been able to negotiate low inte

ID: 2369242 • Letter: A

Question

As the accounts payable manager, you have always been able to negotiate low interest rates when you borrow money to purchase capital. If the company's liabilities have increased from the last time you negotiated a loan, would you expect to qualify for the same low rates?

No, as the company's current ratio would be lower.
Yes, as there is no relationship between liability and loan qualifications.
Yes, as the company's current ratio would be higher.
No, as your cash on hand is lower if your liabilities increase.

Explanation / Answer

No, as the company's current ratio would be lower.

Related Questions

As the COO of your company, you’ve helped make decisions to significantly cut ba
Question #376686
As the Chief Human Resource Officer of Community State University, you have just
Question #405972
As the Compensation Manager for a company, you are evaluating the company’s pay
Question #2467082
As the Cottrell Bicycle Co. of Regina Completes plans for its new assembly line,
Question #348058
As the Crafting Your Personal Brand Workbook highlights, developing a brand help
Question #347869
As the DBA, your manager called a meeting and asked why there are so many orders
Question #3935946
As the Director of Human Resources at a transitional health care organization, y
Question #244402
As the Director of Human Resources at a transitional health care organization, y
Question #246131

Navigate

Previous
As the accountant for Ron’s Donut Shop, prepare a December 31, 2015, balance she
Next
As the acting CFO of Oracle Corporation, you have been tasked with increasing th

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.