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The chapter prologue describes Sandy's decision to go to Nepal as a non-medical volunteer to work at a health clinic in a remote Himalayan village. Even though Sandy encountered weather-related setbacks, Sandy continued her work. This determination to participate in her volunteer activity demonstrates a characteristic of motivation called activation.
Ratios
Quantitative measures used to assess the financial performance, liquidity, efficiency, or risk of a business entity.
Current Ratio
This ratio indicates how well a business can settle its short-term debts with assets that are readily available.
Acid-test Ratio
A stringent indicator of a company’s short-term liquidity, calculated by dividing liquid assets by current liabilities, excluding inventory.
Debt-to-equity Ratio
The ratio that indicates the mix between shareholders' equity and debt in the capital structure used to finance assets.
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