Afirm's current ratio has steadily increased over the past 5 years, from 1.9 five years ago to 3.8 today. what would a financial analyst be most justified in concluding? a. the firm's fixed assets turnover probably has improved. b. the firm's liquidity position probably has improved. c. the firm's stock price probably has increased. d. each of the above is likely to have occurred. e. the analyst would be unable to draw any conclusions from this information.

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?