The current ratio is a measure of liquidity that reflects
A) how many current assets you own free and clear.
B) your debt payments for the current period.
C) how many times you can pay off your current liabilities by using your liquid assets.
D) the portion of your total liabilities that are considered current liabilities.
Answer: C
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Cash receipts and cash payments are classified as operating, investing, or financing activities on the statement of cash flows.
Answer the following statement true (T) or false (F)
What limitations of taste testing can be inferred from the experiential learning exercise in Chapter 9 where two samples of the same cola brand are tasted along with a third unidentified sample which is actually a different brand?
What will be an ideal response?
Sasha, a manager of a small department in a major financial services firm, is having a one-on-one meeting with an employee who seems worried about the ethics challenges of working at the firm. What is the last substantial thing Sasha should bring up in the meeting before it concludes?
a. Ask the employee if there have been any challenges so far in living up to the company’s code of ethics. b. Ask the employee to offer names of employees who the employee suspects of being unethical. c. Tell the employee not to worry and that all concerns will be addressed in time. d. Tell the employee to consider how reporting on other employees might damage their careers.
When describing an employee's performance, the comments should
a. Include action verbs that show specific activities b. Be judgmental and direct c. Be vague and unclear d. Mention only positive things