If Management Wishes to Know the Ability to Pay Off

question 71

Multiple Choice

If management wishes to know the ability to pay off the upcoming debts of a business,they could use the:

• A)debt to total assets.
• B)current ratio
• C)inventory turnover ratio.
• D)times interest earned.

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Definitions:

Ethical Principles

Fundamental guidelines or moral values that dictate the right and wrong ways of conducting oneself or performing actions.

Personal Growth

The process of improving oneself through activities that develop talents and potential, enhance quality of life, and contribute to the realization of dreams and aspirations.

Safe Workplace

an environment where health and safety regulations are followed, minimizing the risks of accidents or harm to employees.

Empowerment

Providing individuals with the authority, confidence, and means necessary to increase their control over their own lives.