Ba109 quiz 11 2023 stuvia - Study guides, Class notes & Summaries

A business should provide the owner with a reasonable rate of return based upon: - ANSWER-the time and money invested in the business. An excessively high average payable period ratio indicates the possibility of the presence of a significant amount of past-due accounts payable. - ANSWER-True Cash requirements can be determined by dividing cash expenses by: - ANSWER-the average inventory turnover. Small businesses with high leverage ratios are more vulnerable to economic downturns, but ...