subject
Business, 28.11.2019 23:31 samm2002

Peak performance sporting goods company has just applied for a bank loan in order to expand the business. using the most recent balance sheet data provided by the company owner, you calculate that the company's current ratio is 2.5. in your presentation to the company boss, you
a. peak performance's is currently having trouble meeting its short-term obligations.
b. peak performance's has $2.50 that it owes each month, for every $1.00 of cash that it is generating.
c. peak performance has $2.50 of current assets for each $1.00 of currently liabilities.
d. due to the fact that most of peak performance's current assets are tied-up in inventory, there is no need to worry about whether peak performance will be able to make loan payments.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 16:20, HarleyHailey
Winston uses the high-low method. it had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. what would winston estimate its total cost to be if sales equaled 8,000 units?
Answers: 3
image
Business, 22.06.2019 01:40, foreverrocky12p2asun
At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a. interns b. trainees c. members 2. a. participate b. train c. win
Answers: 2
image
Business, 22.06.2019 08:30, isaicruz2018
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
image
Business, 22.06.2019 09:40, nessross1018
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
You know the right answer?
Peak performance sporting goods company has just applied for a bank loan in order to expand the busi...

Questions in other subjects:

Konu
Mathematics, 23.07.2021 20:30
Konu
Mathematics, 23.07.2021 20:30