Liquidity ratios measure:
a. how efficiently a firm uses its assets to generate revenues
b. a company’s overall operating success
c. the firm’s ability to pay its short-term debts as they come due
d. the ability of a firm to pay its long-term debts
e. the ability of a firm to meet interest payments when they come due
c. the firm’s ability to pay its short-term debts as they come due
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Indicate whether the statement is true or false.
A product has a contribution margin of $2.50 per unit and a selling price of $25 per unit. Fixed costs are $20,000. Assuming new technology increases the unit contribution margin by 50 percent but increases total fixed costs by $13,750, what is the new breakeven point in units?
A. 3,333 units B. 3,667 units C. 13,500 units D. 9,000 units
What is the purpose of the Awakening stage of the Change Path Model?
a. To ensure organizations are using the newest management and operational theories and practices b. To make sure employees are staying focused and engaged in their work c. To scan the environment so the organization is agile and adaptable d. To make sure employees are collaborating with other areas and that they understand the larger picture of the organization
Under what circumstances is the investment with the shortest payback the best choice? How should managers use the payback method?
What will be an ideal response