Answer:
d. Cash, accounts receivable and inventory
Explanation:
Current assets are assets that can easily be converted to cash including cash and cash equivalent.
Considering all the options given;
Option a . Cash, accounts payable, inventory has account payable which is a current liabilities. This also applies to option c.
Option b has building as one of the items. Building is an example of a fixed asset which is a non current asset.
Option e has Credit which is usually a liability item when considering the balance sheet.
Hence Option d which has Cash, accounts receivable and inventory is the right option.
Answer: Merv will reduce his price to respond to the price competition from the Home Shoppe.
Explanation: Ideally, people always look for the best deal they can get. The home shoppe offers the same product for less price. Customers will naturally troop to the home shoppe because of the lower price of garnet sandpaper. In order for Merv to compete with a big store, he has to start with his prices first.
Answer: 0.68
Explanation:
The Debt-to-Assets ratio is a leverage ratio in financial Analysis that is intended to show how much of the company's assets are funded by debt.
It is calculated by dividing the Company's entire debt by it's Total Assets.
We have the Assets as at the 31st of December 2019 as well as the Equity. Now we need to find debt.
Remember the Accounting Equation,
Assets = Equity + Liability
So,
Liability = Assets - Equity
= 56 billion - 18 billion
= $38 billion.
Using the Debt-to-Assets ratio formula then we have,
= Debt /Assets
= 38/56
= 0.67857142857
= 0.68
0.68 is the company's debt-to-assets ratio on December 31, 2019.
Answer:
Occupational safety and health act.
Explanation:
Occupational safety and health act is a set of law put together to ensure a standard for a safe and healthy working environment for employees and an assurance of workplace safety .
One of the guidelines to a safe working environment is the requirement that businesses should communicate more openly about associated hazards with the materials they use and produce and the waste they generated as well so that every employee will have a good understanding of related potential hazards and will be careful in complying with the safety measures in place to prevent occurrence.
