Ask Question
BusinessBusiness
2 December, 00:34

A current ratio of 6.0 is usually an indication that the firm:

+5
Answers (1)
  1. 2 December, 04:30
    0
    The answer is it has not made the most productive use of its assets.

    The current asset ratio is calculated by dividing your current assets with your current liabilites. If your current assets is 6 times much larger than your current liability, we can draw a conclusion that the company keep its asset on the back without making an effort to overturn it.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A current ratio of 6.0 is usually an indication that the firm: ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Emma's bank statement shows a closing balance of $312.45. there are no outstanding checks or deposits. Her checkbook shows a balance of $321.45. What might account for different balances?
Answers (2)
EB5. LO 5.3Using the weighted-average method, compute the equivalent units of production if the beginning inventory consisted of 20,000 units, 55,000 units were started in production, and 57,000 units were completed and transferred to finished goods
Answers (1)
As output increases, total variable cost: a. increases at a decreasing rate and then at an increasing rate. b. increases continuously at a decreasing rate. c. increases more rapidly than does total cost. d. increases at a constant rate.
Answers (2)
Wren Corporation (a minority shareholder in Lark Corporation) has made loans to Lark Corporation that become worthless in the current year: a. The loans provide Wren Corporation with a business bad debt deduction. b.
Answers (1)
Rank these jobs in the Law, Public Safety, and Security career cluster based on years of schooling required, from most to least.
Answers (1)
New Questions in Business
Mars inc., a manufacturer of cat food in texas, places an ad in a publication aimed at veterinarians. the ad explains why they should recommend mars's cat food to the owners of the cats they treat.
Answers (1)
Joe and his team are working to develop a new product. They have been given a fixed budget and a rough estimate of the time left until the product must hit the market.
Answers (1)
Isabella is a security support manager for a large enterprise. in a recent meeting, she was asked which of the standard networking devices already present on the network could be configured to supplement the specific network security hardware
Answers (1)
If a country on a fixed exchange rate regime finds its currency falling:
Answers (1)
What are the three types of television programming
Answers (1)
Home » Business » A current ratio of 6.0 is usually an indication that the firm:
Sign Up Forgot Password?