Which of the following is not true regarding the current ratio?

a. It is a measure for evaluating a business's short-term liquidity and solvency.
b. It is computed as current assets less current liabilities.
c. It allows comparisons across companies of different sizes.
d. A result of 1.98 is more favorable than a result of 1.45.


b

Business

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To find the _____, the net present value of the system is calculated by combining the net present value of the costs of the system with the net present value of the benefits of the system.

A. rate of return (ROR) B. return on investment (ROI) C. return on assets (ROA) D. return on capital (ROC)

Business

Graham Company has 15,000 units in inventory that had a production cost of $3 per unit. These units cannot be sold through normal channels due to a significant technology change. These units could be reworked at a total cost of $23,000 and sold for $28,000 . Another alternative is to sell the units to a junk dealer for $8,500 . The relevant cost for Graham to consider in making its decision is

a. $45,000 of original product costs. b. $23,000 for reworking the units. c. $68,000 for reworking the units. d. $28,000 for selling the units to the junk dealer.

Business

The SEC, an agency that oversees publicly traded companies, was created in 1933 under the Securities Act of 1933

Indicate whether the statement is true or false

Business

What are the estimated expected completion (mean) times (in weeks) for activities A-H?

What will be an ideal response?

Business