subject
Business, 28.11.2019 23:31 samm2002

Peak performance sporting goods company has just applied for a bank loan in order to expand the business. using the most recent balance sheet data provided by the company owner, you calculate that the company's current ratio is 2.5. in your presentation to the company boss, you
a. peak performance's is currently having trouble meeting its short-term obligations.
b. peak performance's has $2.50 that it owes each month, for every $1.00 of cash that it is generating.
c. peak performance has $2.50 of current assets for each $1.00 of currently liabilities.
d. due to the fact that most of peak performance's current assets are tied-up in inventory, there is no need to worry about whether peak performance will be able to make loan payments.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:30
What is the opportunity cost in this scenario? harry has been very busy at work for the past two weeks. he has been working weekends too. finally, he is going to get a weekend off. originally, he planned to paint his apartment that weekend. he also considered going fishing for the weekend. but then his parents called and asked him to come for dinner because it has been a while since they have seen each other. later on, his friend theo informed him about a surprise birthday party for another friend. theo plans to reserve a room at a restaurant for the celebration, with the cost to reserve the room split between theo, harry, and three other friends. now harry is confused about what he should do over the weekend. he decides that, for him, the most important commitments are going over to his parent's house and attending his friend's birthday party. in the end, harry decides to see his parents.
Answers: 2
question
Business, 21.06.2019 16:00
Suppose matt and bree go out to get pizza. they order breadsticks and a large pepperoni pizza. after eating the breadsticks, and one piece of pizza bree decides to have an additional piece, but she does not eat a third piece. if bree is a rational individual why did she not eat the third piece of pizza? the marginal cost of the
Answers: 2
question
Business, 21.06.2019 23:30
Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?
Answers: 1
question
Business, 22.06.2019 11:30
Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment
Answers: 3
You know the right answer?
Peak performance sporting goods company has just applied for a bank loan in order to expand the busi...
Questions
question
Mathematics, 12.05.2021 07:30
question
English, 12.05.2021 07:30
Questions on the website: 13722367