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Vlad [161]
3 years ago
15

Monika's gift barn has cash of $316, accounts receivable of $687, accounts payable of $709, and inventory of $2,108. what is the

value of the quick ratio?
Business
1 answer:
kondaur [170]3 years ago
3 0
Given:
Cash = $316
Accounts receivable = $687
Accounts payable = $709  (Liabilities)
Inventory = $2,108 (Assets)

Total assets = Cash + Receivables  
                    = 316 + 687 = $1,003
Liabilities = $709

By definition, the quick ratio is
QR = (Assets - Inventory) / Liabilities
      = (1003 - 2108)/709
      = -1.5585

This means that the gift barn is over-leveraged and struggling to grow.

Answer: -1.56 
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REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
3 years ago
Suppose you are the Purchasing Manager for a large chain of restaurants in the United States, and you need to make your semiannu
mrs_skeptik [129]

Answer with Explanation:

Requirement 1.

The US import will increase by $1,500,000 due to purchase of indian tea product and this import of tea would result in increase of capital outflow as the Net export particular to importation is negative hence capital outflow is genuine effect.

Requirement 2.

The Net exports can be calculated as under:

Net Exports = Exports - Imports  = 0 - $1,500,000 = - $1,500,000

The US Net Exports would decrease by $1,500,000.

4 0
3 years ago
Which one of the following is a possible sign of poor listening?
Sedbober [7]
I believe the answer would be D
8 0
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A client sustained a head injury when falling off of a ladder. While in the hospital, the client begins voiding large amounts of
dexar [7]

Answer:

The client should be tested for <em>Diabetes insipidus (DI)</em>

Explanation:

Literally, Diabetes insipidus (DI) is an uncommon disorder that causes an imbalance of fluids in the body. It is a rare condition that causes the body to make a lot of insipid urine. Alongside with lots of urination, this condition is characterized by an increased thirst.

<em>Other symptoms are</em>

  • Dry skin.
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  • Weak muscles.
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It is most likely that the client's kidneys can no longer concentrate the urine normally, hence; the reason why large amount of dilute urine is excreted.

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4 0
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Suppose that a consumer has a health insurance program with co-payments of $10 per doctor visit. If the consumer purchases 6 doc
Katarina [22]

Answer:

$300

Explanation:

Given that s a health insurance program with co-payments of $10 per doctor visit.

Thus,

amount paid by insurance in 1 visit = $10

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Total bill charged by the doctor in 6 visit = 360

Amount paid by the consumer = Total bill charged by the doctor in 6 visit - Amount paid by consumer in 6 visit = $360 - $60 = $300

Since , consumer is the third party payer he pays $300 out of total $360 bill charged by the doctor.

In fraction ,portion of bill paid by the third party payer = 300/360 = 5/6

Thus, 5/6 portion of bill is paid by third party payer.

3 0
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