You Are Provided This Information About a Retail Store Called

question 32

Multiple Choice

You are provided this information about a retail store called "BoardSports:" BoardSports Industry Mean
Current Ratio 1.5 : 1 2: 1
Quick Ratio .75 : 1 1 : 1
Debt Ratio 0.87 : 1 0.75 : 1
Average Collection Ratio 46 days 33 days
Net Profit on Sales Ratio 5.5% 8.2%
Net Profit to Equity Ratio 7.7% 13.2%
What can you reasonably assess about the current financial status of this company?

• A)The company is in excellent financial condition with no changes required.
• B)The company is in respectable financial condition with no changes required.
• C)The company is in questionable financial condition with minor changes required.
• D)The company is in poor financial condition with significant changes required.

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Definitions:

Direct Discrimination

The unfair treatment of individuals or groups based on one or more of their protected characteristics, compared to other individuals or groups who do not have these characteristics in similar circumstances.

Canadian

Pertaining to Canada or its people, culture, or characteristics, embodying the diverse and inclusive nature of the nation.

Mexican

Pertaining to Mexico, its people, culture, or language.

Heterosexism

A system of attitudes, bias, and discrimination in favor of opposite-sex sexuality and relationships.