The best measure of company ability to meet imminent financial obligations is known as the

A. current ratio.
B. debt ratio.
C. total asset turnover.
D. profit margin.


Answer: A

Business

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A poker player is considering three different options after his opponent bet 200 before him. If the player folds, he will lose instantly. If the player calls, he figures he will win half the time

If he raises, he figures that the opposing player will not re-raise him, but rather will either call or fold. He figures the opposing player will call only ¼ of the time, folding the other ¾ of the time. If the opposing player calls his raise, he figures he will never win. The pot size is 1,000 (including the opposing player's bet). a. Draw a decision tree for this scenario including the information provided in part b. b. Suppose that the player is thinking of raising to $400 (he will put in 200 to match the opponent's bet and another 200 as a raise, his opponent would then have to put in 200 more to call the raise). Is this the best option or should he instead call or fold? c. At what raise size is the player's EMV of a raise equivalent to simply calling?

Business

Determine a schedule for these jobs using the critical ratio criterion and calculate the average lateness. Then develop an earliest due date sequence and calculate average lateness

Job Process Time Due Date Job 1 15 23 Job 2 7 15 Job 3 12 34 Job 4 8 16 Job 5 11 27 Job 6 10 19 Job 7 13 28 What will be an ideal response?

Business

One reason companies often settle suits out of court is to protect executives from taking time to give depositions on behalf of the company

a. True b. False Indicate whether the statement is true or false

Business

When the sole owner of a corporation dies, the corporation ceases to exist and the business must be reorganized

a. True b. False Indicate whether the statement is true or false

Business