Answer:
(a) 0.99
(b) 0.96
(c) Apple has better liquidity
Explanation:
(a) Apple's current ratio:
= Current assets ÷ Current liabilities
= $ 75.91 billion ÷ $ 76.31 billion
= 0.99
(b) Apple's quick ratio:
= (Current assets - Inventory) ÷ Current liabilities
= ($ 75.91 billion - $ 2.45 billion) ÷$ 76.31 billion
= 0.96
(c) In January 2016,
Quick ratio = 0.66
Current ratio = 0.90
In comparison to H-P assets quality Apple has much better quality. Current ratio and quick ratio of apple is better than H-P which shows that apple has better liquidity than H-P.
Global Trade, or commerce, involves the transfer of the ownership of goods or services, from one person or entity to another, in exchange for money goods or services. Help to Grow the Society.
Answer:
C. Simple interest.
Explanation:
Simple interest is money earned by depositing some amount of money in a bank account or an investment account. The amount gained in the simple interest results from the money deposited only (the principal amount). Simple interest earns a constant amount for the entire period of savings or investment as long as the interest rate and the principal amount remain unchanged.
Simple interest is unlike compound interest. In compound interest, the interest earned in a period is added the deposit to make a larger principal amount. Renee is earning simple interest because her earnings are from the principal amount only. Since she is withdrawing her interests as they are earned, meaning her deposits remain the same. She is not allowing her earnings to be compounded with the principal amount to generate more earnings.
Answer:
7.09 %
Explanation:
Cost of preferred equity = Dividend / Market Price x 100
therefore,
Cost of preferred equity = $1.90 / $26.80 x 100 = 7.09 %
Answer: Preview-view-review strategy.
Explanation: The preview-view-review strategy is used in many different learning environments. This process allows the presenter or teacher to preview the information that will be covered, go over the information being discussed and then review it as a conclusion at the end. By previewing the information, the audience is able to understand what topics will be covered, then learn about them in the view stage and have a summary of the information covered in the review.
