1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bixtya [17]
3 years ago
14

The Stewart Company has $2,014,500 in current assets and $785,655 in current liabilities. Its initial inventory level is $402,90

0, and it will raise funds as additional notes payable and use them to increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0
Business
1 answer:
Bond [772]3 years ago
3 0

Answer:

$20,145

Explanation:

The computation of short-term debt (notes payable) increase is given below:-

Current Assets = $785,655

Current Liabilities = $4,02,900

Current Ratio = (Current Assets + Increase in Inventory) ÷ (Current Liabilities + Increase in Notes Payable)

2.0 = ($785,655 + x) ÷ ($4,02,900 + x)

$805,800 + 2.0 = $785,655 + x

$805,800 - $785,655 = 2.0 - x

= $20,145

You might be interested in
Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at t
Oxana [17]

Answer:

A) $50

Explanation:

The computation of the intrinsic value of the stock is shown below:

But before that the required rate of return is computed by using CAPM

Required rate of return = Risk-free rate of return + Beta × (Market rate of return - risk-free rate of return)

= 5% + 0.5 × (13% - 5%)

= 5% + 0.5 × 8%

= 5% + 4%

= 9%

Now the intrisinc value is

= Dividend ÷ (required rate of return - growth rate)

= $6 ÷ (9% - (-3%)

= $6 ÷ 12%

= $50

Hence, the intrinsic value of the stock is $50

Therefore the correct option is A.

4 0
3 years ago
A stock currently sells for $49. the dividend yield is 3. 8 percent and the dividend growth rate is 5. 1 percent. What is the am
tatyana61 [14]

If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.

A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.

A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.

Dividend yield=Annual Dividend next year/Current price

Annual Dividend next year=(49*3.8%)=$1.862

Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor(    5.1%, time period)

⇒$1.862/1.051

⇒$1.77        (Approx)

Learn more about stock market here:-brainly.com/question/690070

#SPJ4

3 0
2 years ago
The minimum amount required for a federal diversity suit is: a. There is no minimum amount if there is diversity. b. $10,000. c.
natulia [17]

Answer:

d. $75,000

Explanation:

Minimum Claim value to claim in the court for a federal diversity suit is $75,000. It is also called the amount in controversy. For example federal court diversity suit requires a minimum value of claim is $75,000. So, The minimum amount required for a federal diversity suit is $75,000 in the court.

5 0
4 years ago
Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution)
LenKa [72]

Answer:

hello the Thrift segment customers table is missing hence i will give you a general guideline to the correct answer

answer : Of all the products listed, the product with the highest survey score in the month of December is the most competitive at the end of last year.

Explanation:

The product that was the most competitive at the end of last year is the product with the highest survey score for the month of December. this is because the more competitive a survey score of a product is, it signifies that  more customers are interested in the product and that will make the product very competitive in the open market

7 0
3 years ago
1. Which of the following is NOT a general characteristic of a service? A. Production and consumption are simultaneous. B. The s
Snezhnost [94]

Answer:

B. The service can be transported

Explanation:

Service relates to providing an intangible form of work which is performed for others to yield a benefit or satisfy a want. An important aspect of a service being, it is intangible or something which cannot be touched or felt.

For example, service provided by a doctor or services provided by a waiter at a hotel. Services are consumed, the moment they are produced. For instance, services of a waiter arise when a customer enters the hotel and a want for the service is created.

Services cannot be resold as for instance the receiver performs the same service to another, the provider would change.

As services are intangible, they cannot be stored since they arise only when a want arises and are consumed immediately.

Thus, the correct option is B. The service can be transported.

5 0
3 years ago
Other questions:
  • Wade paid $7,000 for an automobile that needed substantial repairs. he worked nights and weekends to restore the car and spent $
    9·1 answer
  • I study French so I can talk to my cousin who lives in Paris
    7·1 answer
  • What is a career fair?
    13·1 answer
  • Why does an organization prepare a Balance Sheet? A. to reveal what the organization owns and owes at a point in time B. to reve
    12·1 answer
  • A new purchasing system for just-in-time production requirements has been proposed. Users want access to current master file inf
    9·1 answer
  • Before 1993, the U.S. Forest Service sold timber-cutting rights:
    6·1 answer
  • Given the following data: Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goo
    14·1 answer
  • Which strategy is most likely to help a person gain confidence?
    6·2 answers
  • how to calculate the hourly wage based on the monthly income and state the hourly wage. assume that each full time worker works
    7·1 answer
  • consider a hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!