Answer:
current ratio for MARJORAM = Current asset / current liabilities
= $173,000/ $108,400
= 1.59
Explanation:
step 1 :calculate the total current asset of the company which is calculated below.
current asset
Cash $19,000
Note Receivable 35,000
Account Receivable 48,400
Inventory <u> 70,600</u>
Total <u> 173,000</u>
Note receivable is included in the current asset because its due date is less than 12 months.
step 2 : divide the current asset by the current liabilites in order to determine the current ratio
I would say C is the answer bc that’s would i would do in that situation.
Voice is very important to connect your thoughts with the readers. If you want to get connected with your readers you should know their language. There are different types of voices such as you-voice, we-voice, I-voice and impersonal voice. All theses voices have their own use and purpose.
You-voice will force you to consider the needs and wants of your readers. You-voice is all about the needs and wants of the readers.
<span>Small businesses are hesitant to involve in global business because it involves various trade laws or tariffs. Taking that kind of plunge in the business world for a business of small scale is risky situation or at least the small business owners feel. Sometimes this would be the turning point for these businesses to break out huge.</span>
Answer:
the monthly payment is $910.18
Explanation:
The computation of the monthly payment is shown below:
Given that
PV = $180,000 - 20% of $180,000 = $144,000
NPER = 15 × 120 = 360
RATE = 6.5% ÷ 12 = 0.541666%
FV = $0
The formula is shown below:
=PMT(RATE;NPER;PV;FV:TYPE)
The present values comes in negative
After applying the above formula, the monthly payment is $910.18
