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nikitadnepr [17]
2 years ago
15

Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the: Multiple Choice Curr

ent liability turnover ratio. Working capital ratio. Current ratio.
Business
1 answer:
blagie [28]2 years ago
4 0

The answer is quick ratio.

The current ratio contrasts the total current assets and liabilities of a business.

Analysts evaluate a company's liquidity using two categories from the balance sheet: current assets and quick assets.

The total of a company's cash and equivalents, marketable securities, and accounts receivable—all assets that represent or are readily convertible to cash are referred to as quick assets.

Since inventories are not included, quick assets are seen to be a more cautious indicator of a company's liquidity than current assets.

The quick ratio measures a company's capacity to pay its current liabilities immediately, without having to liquidate inventory or obtain financing.

Hence, Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the quick ratio.

Learn more about current ratio:

brainly.com/question/2686492

#SPJ4

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The Charade Company is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable fac
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Answer:

the total budgeted factory overhead for November is : 2) $110,000.

the budgeted direct labor hours for December must be : 3) 9,000 hours.

total budgeted factory overhead per direct labor hour is : 1) $14.38

Explanation:

To determine the budgeted factory overhead for November, prepare a budgeted factory overhead for November as follows :

<u>November</u>

Budgeted Variable factory overhead ($5.00 × 7,000 hours)  = $35,000

Budgeted Fixed factory overhead                                             = $75,000

Total budgeted factory overhead                                              = $110,000

<u>December</u>

Total Cash Disbursements                                                         = $105,000

Less Budgeted Fixed factory overhead  ($75,000 - $15,000) =  $60,000

Budgeted Variable factory overhead                                        =   $45,000

Therefore, budgeted direct labor hours = $45,000 / $5.00

                                                                  = 9,000 hours.

<u>December</u>

Budgeted Variable factory overhead ($5.00 × 8,000 hours)  = $40,000

Budgeted Fixed factory overhead                                             = $75,000

Total budgeted factory overhead                                              = $115,000

Therefore, total budgeted factory overhead per direct labor hour = $115,000 / 8,000 hours = $14.375

Which is $14.38 (rounded)

                                                               

3 0
3 years ago
A manufacturing company has annual sales of $180,000 and inventory of $40,000. The inventory turnover ratio for the company is _
NISA [10]

Answer:

4.5

Explanation:

Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.

Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.

Annual sales of a manufacturing company =\$180,000

Inventory =\$40,000

Inventory turnover ratio for the company = Sales/Inventory

=\frac{180,000}{40,000} =4.5

6 0
3 years ago
In the vast majority of commercials that advertise cleaners, a woman is shown using the product, even though the high percentage
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Answer:

Sex roles are portrayed stereotypical

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The people perceive that the household issues like cooking, washing clothes, children mentoring, etc are the jobs of the women becuase this is how they had contributed to the family in the past. So media stereotypically perceives the same way the society does and also portrays it the same way.

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Carla Vista Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: Durin
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Answer:

$291,630

Explanation:

The computation of the net cash provided by financing activities is shown below:

Cash flow from financing activities

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Add: Raised additional debt capital $649,200

Less: Repurchased stock in the open market - $44,170

Net cash provided by financing activities $291,630

We added the additional debt capital and the rest items are deducted

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Answer:

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Explanation:

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