Explanation

World Major Rivers

Explanation

Explanation

Current ratio = Current Assets ÷ Current Liabilities.

A ratio of 1 means current assets equal current liabilities.

Net working capital = Current Assets − Current Liabilities; thus, it will be zero.

Explanation

3x + 3 = 4

Subtract 3 from both sides:

3x = 1

Divide by 3:

x = 1/3

Explanation

Apple Inc. is an American multinational technology company .

Founded: April 1, 1976, Los Altos, California, United States

Headquarters: Cupertino, California, United States

Founders: Steve Jobs, Steve Wozniak, Ronald Wayne

Explanation

The Quick Ratio, also called the Acid-test Ratio, measures a company’s ability to meet its short-term liabilities with its most liquid assets, excluding inventory.

Explanation

In the primary market, new securities are issued and sold to investors for the first time.

It helps companies raise capital directly from investors for business expansion or projects.

Explanation

Finance is essential for all business activities, as it provides the funds needed for planning, production, marketing, and research.

It supports product pricing, marketing channel design, and marketing research, ensuring smooth operations and profitability.

Explanation

Product costs include all costs incurred to produce a product, such as direct materials, direct labor, and manufacturing overhead.

Selling and general expenses are period costs, not part of product costs.

Explanation

Financial management ensures that a firm has sufficient funds to acquire and maintain its assets.

Proper funding of assets is essential for smooth operations and value creation.