1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nikitadnepr [17]
1 year 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]1 year 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

You might be interested in
At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha
valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%

The percentage change in supply is:

\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%

The price elasticity of supply is given by:

E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5

The price elasticity of supply is 2.5.

4 0
3 years ago
In many larger U.S. based firms the __________ matches the overall strategy of the firm and reinforces the __________ emerging f
dimulka [17.4K]

Answer:

reward system; culture

Explanation:

  • Reward systems in an organization provide evidence of the culture practices of that organization. Reward schemes represent the values ​​and norms of the company that people follow or promote.
  • Culture is regarded as an expression of organizational values ​​that guide the organization and groups to advance in positions of power. The concept of performance standards and reward planning (key elements of the reward system) comes from the organizational culture.
  • Many researchers and practitioners have observed the interdependence between organizational culture and reward systems. The reward system develops from the cultural changes that take place in the everyday events of organizational life.
6 0
3 years ago
Required information Kevan, Jerry, and Dave formed Albee LLC. Jerry and Dave each contributed $245,000 in cash. Kevan contribute
steposvetlana [31]

Answer: A: $0.None of the members recognize gain because their debt relief was not in excess of their bases in their LLC interest prior to any debt relief.

B: $55,000

C: $285,000

D: $625,000 Albee, LLC takes a $135,000 carryover basis in the assets Kevan contributes and a $490,000 basis in the total cash the other two members contributed.

Explanation: check attached file

3 0
3 years ago
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu
Kay [80]

Answer:

The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

Explanation:

For computing the cash payment for may month. The following things should be recognized which is explained below:

1. Manufacturing expense : In manufacturing expense,  \frac{3}{4} is incurred for particular month and rest \frac{1}{4} is for following moth.

That means, $195200 × 3÷4 = $146,400 and $156,800 × 1 ÷ 4 = 39,200

So, the total would be $146,400 + 39,200 = $185,600

2.  As insurance expenses would not be considered because the information is not given.

3. As property tax is paid in November, so it would not be taken for may month.

Therefore, The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

7 0
3 years ago
Company ("ABC") located in Arlington, Texas makes TV sets. It agrees to sell 1,000 TV sets to Sanborn Ltd. Located in Mexico Cit
WITCHER [35]

Answer:

ABC is the BENEFICIARY under the letter of credit and will be paid under a standard letter of credit AFTER ABC DELIVERS TO THE BANK THE BILL OF LADING AND ANY OTHER DOCUMENT SPECIFIED UNDER THE LETTER OF CREDIT.

Explanation:

A letters of credit (LC) is issued by the buyer's bank to the seller's bank in order the guarantee the payment for a foreign commerce transaction. The payment s competed after the seller provides the documents needed to prove the delivery of the goods.

3 0
3 years ago
Other questions:
  • The risk-free rate of return is 3% and the expected return on the market portfolio is 14%. Oklahoma Oilco has a beta of 2.0 and
    6·1 answer
  • If you manage a 200-room hotel, and only sell 150 rooms tonight, you can't stockpile the extra 50 rooms to sell tomorrow. This i
    11·1 answer
  • Drag each label to the correct location on the table. Match the companies to their business categories.
    6·1 answer
  • The price elasticity of demand for gasoline in the short run has been estimated to be 0.4. If a war in the Middle East causes th
    11·1 answer
  • You earn a salary of $52,000 per year and get paid biweekly. Calculate
    7·1 answer
  • Asset allocation refers to ________. A. the allocation of the investment portfolio across broad asset classes B. the analysis of
    7·2 answers
  • Which of the following can increase your credit card’s APR?
    8·2 answers
  • You receive a memo that reads as follows: "In recent months, our customer evaluations have dropped, and our sales have decreased
    14·1 answer
  • Which statement is an example of effectively managing diversity
    8·1 answer
  • How can the intellectual property be protected?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!