<span>A: Probably the most important indicator of financial health is the net cash flow from operating activities</span>
Answer:
community relations manager
Explanation:
According to my research on different business roles and responsibilities, I can say that based on the information provided within the question it seems that Ahmed is performing the role of a community relations manager. Like mentioned in the question this role focuses on building and maintaining a relationship between the company and the community by taking an interest in the community's well-being which usually leads to community loyalty and an increase in business.
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Answer:
: $4,610
Explanation:
The allowance for uncollectible accounts should be 2% of accounts receivable. So first we wil find out the 2% of $268,000.
($268,000 x 2%) = $5,360
Then we will subtract the $750 allowance for uncollectible accounts before any adjustments.
$5,360 - $750 = $4,610
The amount of the adjusting entry for uncollectible accounts would be: $4,610.
Answer:
the acid test ratio is 0.7 times
Explanation:
The computation of the acid test ratio is shown below;
Acid test ratio is
= Quick assets ÷ current liabilities
= (Cash + marketable securities + account receivable) ÷ current liabilities
= ($37,000 + $39,000 + $97,600) ÷ ($248,000)
= 0.7
Hence, the acid test ratio is 0.7 times
This is the answer but the same is not provided in the given options