Accounting Ratios Which of the following is true of the current ratio? Last year
ID: 2427684 • Letter: A
Question
Accounting Ratios Which of the following is true of the current ratio? Last year ABC company's total revenues were $6000, their met income was $1000. Their average total assets was $5000, and their average stockholder's equity was $3000. What was their return on assets (ROA)? 200% 120% 33.3% 20.0% Management What is the most basic idea behind Maslow's theory of a hierarchy of needs? Lower-level needs are relatively unimportant in motivating determined, ambition people. The higher a person's salary, the more important money becomes for that person.Explanation / Answer
Solution:
Question 15
The answer to the above question is -
d. All of These
All the above mentioned tools, perofrmance evaluation, the job interview and training are selection tools
Question 14
The answer to the above question is -
c. Task Identity
Task identity is a consideration for Hackman and Old man's job thoery
Question 10
The answer to the above question is -
b. You can caluclate it using a single balance sheet.
For current ratio you need current assets and current liabilities, which can be taken from a single balance sheet
Question 11
Return on Total Assets = Net Income / Average Total Assets Net Income 1,000 Average Total Assets 5,000 ROA 20% The answer is a. 20%Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.