In the Current Economic Climate,banks Are Remaining Very Conservative in Their

question 314

Multiple Choice

In the current economic climate,banks are remaining very conservative in their lending practices.Peak Performance Sporting Goods is seeking a loan for expansion.As a loan officer for the local bank,you calculate the acid-test ratio for Peak Performance Sporting Goods.Using the information below,you determine Peak Performance's acid-test ratio = ____.

• A)1.0
• B)1.5
• C)2.5
• D)3.0

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Definitions:

Competition

Competition refers to the rivalry among businesses or individuals for resources, customers, or market share.

Micromanagement

An excessive control or attention to details in management, often to the extent of hindering the autonomy and development of employees.

Monitors

Devices used to display visual information from computers, though in a general context, it also refers to individuals or mechanisms that oversee or check for compliance.

E-leadership

Leadership exercised in digital contexts, utilizing information and communication technologies to influence individuals and groups.