It would be $125,000 + $10,000=$135,000 the insurance company would need to pay
Answer:
Net Income = Gross Income - Taxes Owed
Explanation:
Net income is the amount one gets after all deductions are considered. Deductions include taxes, expenses, voluntary and involuntary contributions.
To a salaried person, net income is the gross pay minus taxes and all deductions. It is the take-home pay.
It is ethical to report the wrongdoing of a coworker. Which means the answer is false. Hope this helped!
Answer: bro why would you eat a grasshopper
Explanation:
kinda sus ngl
Answer:
Working Capital= $203,000
Current ratio= 1.7603
Explanation:
Working capital is the liquid assets that are available to a business for the day-to-day operations. It is calculated by getting the difference between current assets and current liability.
Current asset= $470,000
Current liabilities= $267,000
Working capital = Current Assets - Current Liabilities
Working Capital= 470,000-267,000
Working Capital= $203,000
Current ratio is a liquidity ratio that measures a business's ability to pay it's short term liabilities.
Current ratio= Current Assets/ Current Liabilities
Current ratio= 470,000/ 267,000
Current ratio= 1.7603
