Which of the Following Would Help a Company Improve Its

question 92

Multiple Choice

Which of the following would help a company improve its debt-to-assets ratio?

• A)Borrowing money just before the end of the accounting period.
• B)Shifting resources from long-term assets to short-term assets.
• C)Paying off obligations.
• D)All of the answers are acceptable.

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Definitions:

Wages and Benefits

Compensation received by employees for their services including hourly pay or salary, along with additional perks such as health insurance, retirement plans, and bonuses.

Channels of Communication

The methods or systems used to convey messages or information from one person or entity to another within an organization.

Comparable Salaries

Wages or earnings that are similar or equivalent, often referenced in context to industry standards or positions within similar organizations.

Local Competitors

Businesses within the same geographic area that offer similar products or services and compete for the same customer base.