Answer:
The answer is current ratio
Explanation:
Current ration is the ratio of Current asset to current liability.
Current ratio = Current asset/current liability.
This ration is a measure of liquidity and liquidity is the ability of a company to meet its immediate or short term liabilities.
Liquidity contributes to a company's credit-worthiness which is the ability of a borrower to repay its debt in a timely manner.
Answer:
employees partake in the decision making in an organization.
Explanation:
Participative leadership is enhanced when employees are involved in the decision making of an organization, hence creating a collaborative approach towards running and managing the organization.
In participative leadership approach, all the members within a team collaborate in terms of identifying essential goals and finding a means to achieving those goals. The importance of participative leadership is that it boost the morale of employees by giving them sense of belonging.
Answer:
If there isn't a match in supply and demand, there could be a problem in the "free market."
Answer:
the effective rate is higher
Explanation:
the formula used to calculate effective rate is: effective rate = (1 + r/n)ⁿ - 1
for example, he stated rate is 6%:
- if it is compounded annually, the effective rate is 6%
- if it is compounded semiannually, the effective rate = (1 + 6%/2)² - 1 = 6.09%
- if it is compounded quarterly, the effective rate = (1 + 6%/4)⁴ - 1 = 6.14%
- and so on
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