A company has a cash ratio of 2.3. What does this imply?
A) The company has an unnecessarily large amount of cash and cash equivalents.
B) The company does not have enough cash supply.
C) The company is not in a position to pay off its long-term liabilities.
D) The company is not in a position to pay off its current liabilities.
A) The company has an unnecessarily large amount of cash and cash equivalents
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A major disadvantage of relying on Web-based e-service is:
A) that there really are no down-side disadvantages to e-service. B) that it damages personal relationships. C) that some companies try to make it a substitute for phone or direct contact with customer service personnel. D) the high cost of creating a web page.
The cash flow statement of the United Company is in process for 2019. The United Company is reporting the following balances: 12/31/18 12/31/19 Equipment$100,000 $170,000 Loss on sale of equipment 0 10,000 Accumulated depreciation-equipment 75,000 95,000 During 2019, United sold equipment costing $30,000 for $12,000 and made several purchases of new equipment for cash.Depreciation expense for 2019 is:
A. $ 18,000. B. $ 20,000. C. $ 28,000. D. $ 8,000.
______ are widely accepted standards of behavior that reveal how an organization “really works.”
Fill in the blank(s) with the appropriate word(s).
Thomas goes to Petco to buy a crate for his new puppy. Petco also offers the same crate online for a cheaper price. Petco's use of an online platform as well as a physical store is an example of what concept?
A. Micro-merchandising B. Bricks and Clicks C. Green marketing D. Indirect Selling E. Secondary retailing