Quick ratio Study guides, Class notes & Summaries
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MBA Exit Exam 2024 with 100% correct answers
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Acid-Test Ratio -correct answer The ratio of current assets And current liabilities also called quick ratio. The ratio equals the sum of a company's cash, short term investments, and accounts receivable divided by its current liabilities. This ratio shows how well of business is able to cover it short term obligations. 
 
A quick ratio of one means -correct answer The most liquid assets of a business or equal to its total deaths in the business will just manage to repay all his debts by using...
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FMA101 FIM262 (STADIO) Assignment 1 (QUALITY ANSWERS) Semester 1 2024 - DUE 22 April 2024
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This document contains workings, explanations and solutions to the FMA101 FIM262 Assignment 1 (QUALITY ANSWERS) Semester 1 2024 - For assistance call or Whats-App us on 0.6.8...8.1.2...0.9.3.4........ Question 1 (28 marks) 
Stealers (Pty) Ltd is a company that provides a wide variety of steel products to both the 
industrial and domestic markets. The company has been in operation for 25 years but 
due to the economic conditions locally and internationally, company management is 
concerned about...
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Michigan Builders License Exam Study Guide Rated A+
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Michigan Builders License Exam Study Guide Rated A+ 
What is the first offense penalty for engaging in the practice of residential building without a license? Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. 
What is the penalty for engaging in the practice of residential builders license, resulting in a death? Not less than $5,000 and not more than $25,000 and/or four years in prison 
On your individual ...
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RSK2601 MCQ EXAM PACK 2024
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TEST BANK 
Enterprise Risk Management 
S - The Marketplace to Buy and Sell your Study Material 
1 
RSK2601 TEST BANK 
Question 1 
Which one of the following is a benefit of effective risk and opportunity management? 
1) Improved profit certainty 
2) Increased shareholder value 
3) Increased stakeholder confidence Correct option 3 
4) Lower economic returns 
Explanation 
Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and 
higher economic returns...
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RSK4804 Assignment 2 2023 (894155) ANSWERS - Due: 23 August 2023
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RSK4804 Assignment 2 2023 () ANSWERS - Due: 23 August 2023 
Question 3 [10] 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . 
As a credit analyst for a provincial development finance institute, Mmusi Trailer 
Manufacturing Inc. approaches your institution for a bridging finance. The following 
financial information is provided: 
o current assets of R13 million 
o current liabilities of R7 million 
o net sales of R32 million 
o quick ...
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CSLB CONTRACTOR'S EXAM PRACTICE QUESTIONS AND ANSWERS LATEST UPDATE 2023-2024
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CSLB CONTRACTOR'S EXAM PRACTICE QUESTIONS AND ANSWERS LATEST UPDATE 2023-2024. Which act establishes the rights of workers to organize into unions and negotiate 
contracts? - Answer National Labor Relations Act of 1935 
A contractor has had a problem with employees stealing tools and equipment from 
job sites. When conducting job interviews, may the contractor ask prospective 
employees about their arrest records? 
 
A. It is legal to ask prospective employees about arrests not leading to convi...
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Test Bank For Corporate Finance A Focused Approach 5th Edition By Ehrhardt, Michael C.
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CHAPTER 3—ANALYSIS OF FINANCIAL STATEMENTS TRUE/FALSE 
1. Ratio analysis involves analyzing financial statements in order to appraise a firm's financial position and strength. 
ANS: T PTS: 1 DIF: Difficulty: Easy 
OBJ: LO: 3-1 NAT: BUSPROG: Reflective Thinking 
STA: DISC: Financial statements, analysis, forecasting, and cash flows 
LOC: TBA TOP: Ratio analysis KEY: Bloom’s: Knowledge 
2. The current ratio and inventory turnover ratios both help us measure the firm's liquidity. The current ...
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Test Bank For Intermediate Accounting 9th Edition By Spiceland
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Chapter 3 The Balance Sheet and Financial Disclosures 
True/False Questions 
1. The balance sheet reports a company's financial position at a point in time. 
Answer: True 
Level of Learning: 1 Easy 
Learning Objective: 03-01 
Topic Area: Balance sheet–Usefulness-Limits-Elements Blooms: Remember 
AACSB: Reflective thinking 
AICPA: BB Critical thinking 
AICPA: FN Measurement 
2. A company’s market value is generally less than its book value. 
Answer: False 
Level of Learning: 1 Easy 
Learning...
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Financial and Managerial Accounting for MBAs 8th Edition Easton Solutions Manual | Complete Test Bank 2023-2024
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Financial and Managerial Accounting for MBAs 8th Edition Easton Solutions Manual | Complete Test Bank 2023-2024. Long-term debt 6,487 6,573 
Nonoperating liabilities 6,487 6,573 
Cash and cash equivalents $ 6,055 $ 4,546 
Short-term investments 1,204 1,233 
Nonoperating assets 7,259 5,779 
NNO = Nonoperating liabilities - Nonoperating assets (772) 794 
NOA = (772)+13,103 12,331 
Total equity 13,103 11,079 
Total Costco stockholders' equity 12,799 10,778 
e. 
Return on equity = Net income attrib...
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NAB RCAL Exam Study Guide
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1. Breakeven Point?: total cost = total revenue 
2. Working capital ratio: current assets / current liabilities 
3. Acid-test (quick) ratio: (cash + AR + short-term investments) / current liabilities 
4. debt to assets ratio: total liabilities/total assets 
5. FTE (full time equivalent): total number of hours per employee in a week / 40 
(i.e. 12+14+40+30 div. by 40) 
6. Profit margin: NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross 
prof margin and net prof margin) 
7. Net Operat...
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