The current ratio equals
a. current assets plus current liabilities.
b. current assets minus current liabilities.
c. current assets multiplied by current liabilities.
d. current assets divided by current liabilities.
e. current liabilities minus current assets.
D
You might also like to view...
__________is/are interaction(s) between management and unionized employees.
A. Coaching B. Grievance C. Employment-At-Will D. Labor Relations E. Discipline
Compare the positive psychology view of team success with traditional models.
What will be an ideal response?
On March 1, 2016, Emerson Services issued a 4% long-term notes payable for $16,000
It is payable over a 4-year term in $4,000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2017. Each yearly installment will include both principal repayment of $4,000 and interest payment for the preceding one-year period. On March 1, 2017, ________. The accounting period ends on December 31. A) Emerson must accrue $4,000 of Interest Expense B) Emerson must accrue the coming $4,000 as the current portion of principal payment C) Emerson must pay $640 of interest to the note holder D) Emerson will receive $4,000 as an installment payment
Without _____, businesses would find it difficult, if not impossible, to buy more raw materials, hire more employees, attract more capital, and create additional products that, in turn, make more profits.
A. marketing B. distribution C. promotion D. profits E. production