How businesses make capital budgeting decisions
Question:
Explain current ratio, discuss it implications, and describe a good current ratio if it's too high or too low explain reasoning; and describe how businesses make capital budgeting decisions.
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Allocate the service department costs to the two operating departments using the reciprocal method.
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Describe a good current ratio if it's too high or too low explain reasoning; and describe how businesses make capital budgeting decisions.
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