Answer:
2.7:1
Explanation:
Calculation to determine what The current ratio for 2012 is
Using this formula
The current ratio for 2012= Current assets/Current liabilities
Let plug in the formula
Current ratio for 2012= ($81,000/$30,000)
Current ratio for 2012=2.7:1
Therefore The current ratio for 2012 is 2.7:1
Answer:
Hence the answer is given as follows,
Explanation:
Answer:
The costs assigned to ending inventory based on the LIFO method under periodic inventory system are:
= $450.
Explanation:
a) Data and Calculations:
On January 26, the company sells 350 units. 150 units remain in ending inventory at January 31.
Units Unit Cost Total Cost
Beginning inventory on January 1 320 $ 3.00 $960
Purchase on January 9 80 3.20 256
Purchase on January 25 100 3.34 334
Tota units available for sale 500 $1,550
Sales on January 26 350 $1,100
Ending inventory at January 31 150 $3.00 $450
Jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the policy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns A level term policy.
A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies.
A government or other institution's policy may be a legislation, rule, process, administrative decision, inducement, or voluntary practice. Resource allocations frequently reflect policy decisions. Policies in many different industries can affect health.
Learn more about policy here
brainly.com/question/1578160
#SPJ4
Answer:
False
Explanation:
The reason is that the betas are calculated using the past data which means that the Capital asset pricing model solely rely on the past data which is not the strength of the CAPM. It is basically a weakness of the model so the statement is incorrect.
