Quick ratio Study guides, Class notes & Summaries

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...

WGU D076 Final Exam (Latest 2024/ 2025 Update) Finance Skills for Managers| Questions and Verified Answers| 100% Correct| Grade A Q: Systematic Risk (market risk) Answer: Inherent, unavoidable through firm actions that impacts all firms. These risks are non-diversifiable and are higher risk. (affected by economic changes, trade tariffs, etc) Q: Non-systematic risk Answer: risk that can be eliminated by diversification and has no impact on other firms, its only specific to a s...

NR 505 Week 2 Assignment: PICOT Worksheet (100% CORRECT) Score A+. Date: ____02/15/2023______________________________________________________________ Follow the instructions located in the Week 2 Assignment Guidelines and Rubric to complete the PICOT worksheet. Document your work using complete sentences; remember to use APA format to cite your sources in the body of the worksheet, and to reference your sources at the end of the worksheet. PICOT Worksheet Identification of the Practice Is...

WGU - D265 - Critical Thinking - Reason and Evidence Latest Update (2022/2023) Already Passed PROPOSITIONS Are statements that can be true or false NON-PROPOSITONS Are sentences that are not statements about matters of fact or fiction. They do not make a claim that can be true or false. SIMPLE PROPOSITIONS Have no internal logic structure, meaning whether they are true or false does not depend on whether a part of them is true or false. They are simply true or false on their own. (Example: Har...

Liquidity Ratios (Ans- measures of a firm's short-term ability to meet its current obligations Profitability Ratios (Ans- measures of a firm's profitability relative to its assets (operating efficiency) and to its revenue (operating profitability) Activity Ratios (Ans- Measure of efficiency of a firm's assets Solvency Ratios (Ans- Measure of a firm's ability to pay its obligations Inventory Turnover (Ans- COGS / avg inventory Receivables Turnover (Ans- revenue / av...

Solution Manual for Statistics for Nursing Research A Workbook for Evidence-Based Practice 3rd Edition Susan Grove Daisha The questions are in bold followed by answers. 1. In Table 1, identify the level of measurement for the current therapy variable. Provide a rationale for your answer. Answer: The current therapy variable was measured at the nominal level. These drug categories were probably developed to be exhaustive for this study and included t...

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 builder's license application, what sh...

The new accountant informs the administrator that to simplify things, he has incorporated all purchases that will be paid for the next few years into the accounts payable journal. The administrator should _____. - c. begin a search for a new accountant The administrator seeks to be licensed without having to meet all the conditions new entrants would have to meet. He/she seeks to be ______. - grandpersoned Normally, courts of appeal do not have _____. - original jurisdiction. The administr...

BMAL 590 Business Finance Complete Solution 2022 A company's balance sheet shows the value of assets, liabilities, and stockholders' equity At a specific point in time On a balance sheet, retained earnings are not "unspent cash" because They have been used to finance the firm's assets For both managers and external financial analysts, ________ is the single most important accounting number found on the income statement Net income (net profit after tax) Earnings per share (EPS) is c...

NAB RCAL Exam Study Guide 2023 Complete Solution Breakeven Point? total cost = total revenue Working capital ratio current assets / current liabilities Acid-test (quick) ratio (cash + AR + short-term investments) / current liabilities debt to assets ratio total liabilities/total assets FTE (full time equivalent) total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and n...