You Have the Following Information About a Company: Quick Ratio

question 54

Multiple Choice

You have the following information about a company: quick ratio = 0.85,inventory = $125,000 and current assets = $375,000.What is the company's current ratio?

• A) 0.85
• B) 1.05
• C) 2.56
• D) 1.28

Understand the concepts and legal framework surrounding employment contracts and the implications of contract termination.

Recognize the significance and process of collective bargaining, unionization, and the role of trade unions.

Identify the legal considerations and employer liabilities in wrongful dismissal cases.

Comprehend employer responsibilities and employee rights in the context of workplace safety and reasonable accommodation.

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Definitions:

Subjective Standards

Criteria or guidelines that are based on personal opinions, feelings, or tastes, rather than objective, measurable indicators.

Contracts

Legal agreements between two or more parties that are enforceable by law.

Invitation

An offer that suggests or requests someone's presence or participation, typically in an event or activity.

Offer

An expression of willingness to enter into a contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed.