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aksik [14]
1 year ago
8

What will happen to the current ratio if current assets increase, while everything else remains unchanged?

Business
1 answer:
Nana76 [90]1 year ago
5 0

The current ratio will increase if current assets increase, while everything else remains unchanged.

This is further explained below.

<h3>What is the current ratio?</h3>

Generally, A liquidity ratio that evaluates a company's capacity to pay short-term debts or those that are due within the next year is called the current ratio.

It explains to investors and analysts how a business may get the most out of the current assets that are shown on its balance sheet in order to pay off its current debt and any other payables.

A current asset is defined as any asset that a company can reasonably expect to sell, consume, or deplete through the normal operations of the business inside the current financial year or an operating cycle, or an economic year.

In other words, a current asset is an asset that will be sold, consumed, or exhausted.

In conclusion, If current assets continue to grow while everything else stays the same, the current ratio will continue to show an upward trend.

Read more about current assets

brainly.com/question/14287268

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Ahmad bought a desktop computer and a laptop computer. Before finance charges, the laptop cost less than the desktop. He paid fo
deff fn [24]

Answer:

cost of laptop = $1,800

cost of desktop = $2,100

Explanation:

From the question above, we can see that the laptop costs $300 less than the desktop, therefore, we say:

let x represent the cost of the laptop ;

then x+300 will be the cost of the desktop .

We can also see that the total finance charge of $252 is equal to 7% of the cost of the laptop and 6% of the cost of the desktop, we solve as follows:

252 = 0.07(x) + 0.06(x + 300)

252 = 0.07x + 0.06x + 18

252 - 18 = 0.13x

234 = 0.13x

x = 234/0.13

x = 1,800

Recall that:

cost of desktop = x + 300

therefore:

1,800 + 300 = 2,100.

cost of laptop = $1,800

cost of desktop = $2,100

6 0
3 years ago
Read 2 more answers
Alex paid $600 to Rita, his ex-wife, for child support. Under the terms of the divorce decree, Alex claims the dependency exempt
dsp73

Answer:

$0

Explanation:

Since Alex's child does not live with him for at least 6 months plus one day, he doesn't qualify for any income credit.

Alex himself cannot claim the earned income credit for an individual without a qualifying child because he is just 24 years old, and you must me at least 25 years old to qualify.

7 0
3 years ago
​Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep
serg [7]

Answer:

C. front page test

Explanation:

Front page test refers to the analytical study, which provides information to each public official about how people note his or her actions and respond accordingly.

People in general usually observe actions of individuals and then justify or some times reciprocate so many questions to them against there actions.

This clearly shows that Haley is referring to front page test as she is also a kind of public official, as for each action people respond accordingly, and might create opinions and judgement.

Thus, correct option is C.

front page test.

8 0
2 years ago
Can an individual's financial situation change his or her views of what is
lesantik [10]
Yes. Once someone is in a difficult financial situation, they may have to give up some wants and desires in place of things they need. If money is tight, they should rather use what money they have to pay pills and buy food, and not purchase items they want like toys or videogames. When faced with a bad financial situation, an individual is forced to separate what they believe is a want and a need, and choose between the two.
7 0
2 years ago
is the sum of all the values that customers exchange for the benefits of having or using a product or service.
snow_tiger [21]

Price. It is the sum of all values that buyers exchange for the benefits of having or using a good or service. can be defined very narrowly as the amount of money charged for a product or a service. However, the price is really more than that.

3 0
3 years ago
Read 2 more answers
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