A Current Ratio of 2 Means

question 22

Multiple Choice

A current ratio of 2 means

• A) 2% from each paycheck is available for savings.
• B) The minimum payment for a credit card is 2% of the balance.
• C) 2 months of living expenses are available in case of emergency.
• D) Net worth equals 2 times the amount of debt.
• E) $2 in liquid assets are available for every $1 of current liabilities.

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Definitions:

Societal Expectations

These are the shared norms, values, and standards that a society holds, influencing behaviors and attitudes of its members.

Industry Characteristics

The defining traits, trends, and dynamics that distinguish one industry sector from another.

Strong Organizational Cultures

A situation in which an organization's values and norms are deeply embedded and widely shared among its members, leading to consistent behaviors and high levels of motivation.

Goal Alignment

The process of ensuring that individual, team, or organizational objectives are coherent and support each other.