during world war 2 US naval forces were able to intercept the Japanese fleet before it reached midway because

When comparing the interest rates for U.S. government securities, which of the following is correct?A. Treasury bonds < Treas

yuradex [85]

Treasury bonds < Treasury notes < Treasury bills is the comparing the interest rates for U.S. government securities. Thus, option (a) is correct.

<h3>What are interest rates?</h3>

Interest rates are the fees associated with pricey borrowing of money. The sum represents a percentage. The interest rates was the basis on the annual percentage rate basis.

The interest rates for U.S. government securities include treasury bonds, treasury notes, and treasury bills. There was a difference in the due date dates and the payment methods. Fixed-income certificates issued by the government that are rated safe and secure.

Therefore, option (a) is correct.

Learn more about on interest rates, here:

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7 0

2 years ago

The current asset section of Guardian Consultant's balance sheet consists of cash, accounts recelvable, and prepald expenses. Th

ivann1987 [24]

Answer:

a) Current Liabilities $2,780,000

b) Long term liabilities $2,680,000

c) Accounts receivable $3,620,000

d) Therefore Acid Test 1.8

Explanation:

Step 1: Calculate the Current Liabilities

The question requires a work-back based on the information given as follows

Stockholders Equity (A) $3,900,000

Debt Equity Ration 1.4

Total debt therefore ($3,600,000 x 1.4) (B) $5,460,000

Total debt and equity therefore is (A + B ) $9,360,000

($3,900,000 + $5,460,000)

Total Equity and Debt = Total Assets

Total Assets therefore $9,360,000

Therefore Current Assets $5,560,000

(Total debt - Non Current Asset)

($9,360,000 - $3,800,000)

Less: Cash and prepaid expenses ($1,940,000)

($1,440,000 + $500,000)

Accounts receivable $3,620,000

Current Ratio therefore is 2.0 (not 20)

Meaning: Current Liabilities $2,780,000

(Current Assets/ Current ratio)

($5,560,000/2)

Step 2: Calculate Long term Liabilities

Total debt (from step 1) $5,460,000

less; Current Liabilities $2,780,000

Long term liabilities $2,680,000

Step 3: Accounts Receivable

Total Assets $9,360,000

Current Assets $5,560,000

(Total debt - Non Current Asset)

($9,360,000 - $3,800,000)

Less: Cash and prepaid expenses ($1,940,000)

($1,440,000 + $500,000)

Accounts receivable $3,620,000

Step 4: The Acid test ratio

Cash $1,440,000

Accounts Receivable $3,620,000

Quick Asset (Cash + Accounts receivable) $5,060,000

Current Liabilities $2,780,000

Therefore Acid Test 1.8

(Quick Asset / Current liabilities)

(5,060,000/2,780,000) 1.8

8 0

3 years ago

Many consumers consider goods X and Y to be complements. If there is an increase in the price of good X, then (all else the same

Lemur [1.5K]

Answer:

False

Explanation:

Complement goods are goods that are consumed together.

If the price of good X increases, producers would increase their supply of good Y and X.

An increase in supply shifts the supply curve to the right.

I hope my answer helps you

5 0

3 years ago

The supplies account had a beginning balance of $1,592. Supplies purchased during the period totaled $3,852. At the end of the p

Romashka [77]

Answer:

2324

Explanation:

the most important idea that you are trying to convey to your reader? The information in each paragraph must be related to that idea. In other words, your paragraphs should remind your reader that there is a recurrent

3 0

3 years ago

Trainor Company estimates bad debt expense using a percentage of credit sales (5%). The company began its current year with an $

xeze [42]

Answer:

a) $12,750

Explanation:

The computation of the bad debt expense is shown below:

= Credit sales × estimated percentage given

= $255,000 × 5%

= $12,500

Simply we multiplied the credit sales with the given estimated percentage so that the accurate amount can come i.e bad debt expense for the particular year

All other information which is given is not relevant. Hence, ignored it

7 0

3 years ago