The higher the current ratio, the better
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A higher current ratio indicates greater liquidity coverage. But it can also signal that too much capital is tied up in current assets (like cash that generates little or no income).
Business
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A temporary price reduction that is marked on the product's package is a:
A) bonus offer B) price-off C) premium D) bad idea, because the retailer may not honor the price
Business
Describe the small business failure rate. What are the primary causes of business failures, and what steps can an entrepreneur take to avoid becoming a business failure statistic?
What will be an ideal response?
Business