If a firm has a current ratio of 2.00it means that for every $2 in _____it has $1in
A.total assets;current liabilities
B.current assets;current liabilities
C.total assets ;total liabilities
D.current assets;total liabilities
My answer is c
Team diversity is often established in a ______team,by bringing together the expertise of members from various functions in the organization.
A.problem-solving
B.working
C.cross-functional
D.self-managed
My answer is d
Can somebody check this for me thank you :)
To determine the correct answers, let's break down the questions and the answer choices.
Question 1: If a firm has a current ratio of 2.00, it means that for every $2 in _____ it has $1 in.
The current ratio measures a company's ability to pay off its short-term liabilities with its short-term assets. To calculate the current ratio, you divide current assets by current liabilities.
Based on the answer choices:
A. Total assets; current liabilities - This choice does not align with the current ratio formula.
B. Current assets; current liabilities - This choice aligns with the current ratio formula.
C. Total assets; total liabilities - This choice does not align with the current ratio formula.
D. Current assets, total liabilities - This choice does not align with the current ratio formula.
Correct answer: B. Current assets; current liabilities.
Question 2: Team diversity is often established in a ______ team, by bringing together the expertise of members from various functions in the organization.
The question is asking about the type of team that promotes team diversity by bringing together expertise from different functions within the organization.
Based on the answer choices:
A. Problem-solving - This choice does not specifically refer to diversity or the mixing of expertise.
B. Working - This choice does not specifically refer to diversity or the mixing of expertise.
C. Cross-functional - This choice aligns with the question's requirement of bringing together expertise from various functions in the organization.
D. Self-managed - This choice does not specifically refer to diversity or the mixing of expertise.
Correct answer: C. Cross-functional.
So, the correct answers are B for the first question and C for the second question.