What is one weakness of either the current or acid-test (or quick) ratio?
The current and quick ratios have the following weaknesses: (pick one)
· All debt payments are made with cash, yet the current ratio includes non-cash assets (ex. inventory).
· They both focus on liquid and current assets at one point in time (the balance sheet date). However, cash, inventories, accounts receivable, and other current assets change over the course of the year.
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What are the points to be kept in mind when developing a message asking for a recommendation?
What will be an ideal response?
Under new methods of management, attempts to continuously improve the work environment come from
a. top management. b. each department manager. c. the board of directors. d. everyone in the company.
Subcultures consist only of religious groups
Indicate whether the statement is true or false
An overdraft occurs when a
a. bank allows a customer to write checks for more than the amount of money on deposit. b. customer writes a bad check. c. bank cashes a check that is more than three months old. d. bank cashes a check dated after the actual date of issue.