Discrimination is not applied at the concession stands because there can be exchange of the product from children, who'd buy it at a lower price, to adults.
Answer:
Answer is option a, i.e. have been combined to develop a procedure that uses the best of each.
Explanation:
In project management, PERT i.e. project evaluation and review technique is used as a statistical tool that is used to assess the overall work that is done to complete a certain project. In order to complete a particular task, there can be 'n' number of paths or ways. The best decision of selecting a pathway that is time-saving as well as cost-saving is to be found out. This chosen path is then referred to as 'Critical path.' Hence, PERT and CPM can be understood as two faces of a single coin, and have been combined to develop a procedure that uses the best of each.
Answer:
April 1 The company issued 9,000 stocks at $11 per stock
- Dr Cash account 99,000
- Cr Common Stock account 99,000
June 15 Cash dividends are declared $1.50 per stock
- Dr Retained Earnings account 103,500
- Cr Dividends Payable account 103,500
July 10 The company paid the dividends
- Dr Dividends Payable account 103.500
- Cr Cash Account 103,500
December 1 The company issued 4,000 stocks at $12 per stock
- Dr Cash account 48,000
- Cr Common Stock account 48,000
December 31 Cash dividends are declared $1.60 per stock
- Dr Retained Earnings account 116,800
- Cr Dividends Payable account 116,800
The current ratio for Vito Co. with respect to the period under review is 1.5
<h3>What is current ratio?</h3>
The current ratio, also known as the working capital ratio, measures the capability of a business to be able to meet its short term financial obligations.
The Current Ratio formula is
= Current Assets / Current Liabilities
= $9,000 / $6,000
= 1.5
Therefore, the current ratio for Vito Co. with respect to the period under review is 1.5
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