Suppose a company has a current ratio of 2.5 times and a quick ratio of 1.5 times. If the company’s current liabilities are h100 million, the amount of inventory is closest to
A. h50 million.
B. h100 million.
C. h150 million.
Ans: B. h100 million.
Business
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Employee satisfaction is on the decline in which of the following areas?
A) training programs B) promotion policies C) coworkers D) bonuses E) all of the above
Business
Advantage Milling Devices is preparing to buy a new machine for precision milling of special metal alloys. This device can earn $300 per hour, and can run 3,000 hours per year. The machine is expected to be this productive for four years
If the interest rate is 6%, what is the net present value of the annual cash flows? What is the net present value if the interest rate is not 6%, but 9%? Why does present value fall when interest rates rise?
Business