The acid-test ratio differs from the current ratio in that it
a. represents the amount of cash on hand instead of the amount of working capital.
b. excludes inventories and accounts receivable from the numerator of the fraction because of obsolescence and possible nonpayment.
c. is a stricter test of a company's ability to pay its current debts as they are due.
d. signals the need to liquidate marketable securities when it drops below 5 to 1.
c
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Indicate whether the statement is true or false
Employees might feel they are being underpaid for what they do, even if pay and benefits are superior to the competition. Here, managers must change
A. the tone of the debate. B. attitudes. C. tendencies toward greed. D. perceptions. E. the facts.
All of the following are outcomes of leading yourself in a team except:
a. the team leading itself b. focus on individual rewards c. the team reaching its potential d. achieving synergy
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A. systematic B. quantitative C. bureaucratic D. scientific E. administrative