The current ratio measures ________

A) a company's ability to sell its long-term assets
B) a company's ability to pay current liabilities with its total assets
C) a company's ability to pay current liabilities with current assets
D) a company's profitability during a particular period


C

Business

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People who believe in the _____ do not believe in absolute rules. Their beliefs center on the pressure of the moment and whether the pressure justifies the action taken.

A. virtue theory B. deontological theory of ethics C. utilitarian theory D. theory of moral relativism E. casuist ethical theory

Business

The ABC partnership (a general partnership with three partners) is dissolved in the process of terminating. Outside creditors are owed $50,000. The partners made no loans, but contributed $15,000 each in capital. After the assets are liquidated, there is $125,000. How will that amount be distributed?

Business

Human actors initiate the purchasing request in an SAP system

Indicate whether the statement is true or false

Business

The phenomenon in which the variability in the size and timing of orders increases at each stage up the supply chain is referred to as the ________

A) synergistic effect B) flanging effect C) stack effect D) bullwhip effect

Business