Superstore Electronics Reported the Following Figures in Its 2019 and 2018

question 121

Essay

Superstore Electronics reported the following figures in its 2019 and 2018 financial statements.
$$\begin{array} { | l | r | r | } \hline & 2019 & 2018 \\\hline \text { Cash } & \$ 38,500 & \$ 25,000 \\\hline \text { Cash Equivalents } & 3,000 & 2,000 \\\hline \text { Total Current } & & \\\text { Liabilities } & 33,200 & 30,000 \\\hline\end{array}$$ Compute the cash ratio for 2019 and 2018.What does the cash ratio measure? Use this information to discuss the business performance of Superstore Electronics.

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Definitions:

Participatory Supervision

is a management approach where supervisors collaborate with subordinates in decision-making processes and work management.

Esteem Needs

A concept from Maslow's hierarchy of needs that refers to the human desire for respect, self-esteem, and recognition from others.

Deficit Principle

The concept that suggests individuals are more motivated by their unmet needs than by desires that have already been satisfied.

Maslow's Theory

A psychological theory proposing a hierarchy of human needs that motivate behavior, starting from basic physiological needs to self-actualization.