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Karolina [17]
3 years ago
5

Which of the following account balances would not be included in the calculation of the current ratio?

Business
1 answer:
Stells [14]3 years ago
3 0

Answer:

Equipment

Explanation:

The formula to compute the current ratio

Current ratio = Current assets ÷ Current liabilities

where,  

The current assets include cash, stock or supplies, account receivable, etc

And, the current liabilities include Short-term note payable + Accounts payable

It always comes in times plus it is a liquidity ratio

The equipment is a long term asset i.e fixed asset

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The controller of Diaz Co. believes that the yearly allowance for doubtful accounts for Diaz Co. should be 2% of net credit sale
pickupchik [31]

Answer:

The answer is given below.

Explanation:

A) - In the following case, the stakeholders seem to be the chairman of that company, the Controller of that company. The Stockholders as well as all the other group that has an interest in the organization's balance sheet, including an investment manager or even a banker seeking to give cash.

B) - Yes, the appeal of the chairman raises the legal issues for such a manager. Due to confusing income reports as suggested by the chairman, the operator poses a moral issue. In the viewpoint, for safeguard the interests of big business and not to confuse customers by representing wrong net profits, the manager will be guided. Required to disclose correct net profit that, on effect, influences their rate of growth ratio. Aggregate-income growth gives a clear view of the pace where the businesses also raised their earnings. All others remaining identical, shares having stronger net profit rates of growth are much more attractive as compared to others.

C) - Yes, of course, the manager will be worried about the rate of growth of that company due to the rate of growth that should be focused upon rational as well as reliable income reports. The manager does not file income reports for the chairman's goal of meeting or retaining the defined rate of growth. The following inflation rate would be focused upon operational and financial performance, not on some distorted financial reporting.

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3 years ago
Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
gogolik [260]
A(4billion)

Because I 4-(5-22)-2
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3 years ago
Your car has a breakdown while you are driving, forcing you to stop. You should try to stop completely out of the traffic lanes
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The correct answer (in Florida, could be different in other places) is 200 feet.
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3 years ago
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The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized bus
Annette [7]

Answer:

(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on

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Answer:

12,600

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<u>The equivalent units of production for materials</u>

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Calculation :

transferred out (8,600 × 100%)     = 8,600

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Therefore,  the equivalent units of production for materials in the Machining Department is 12,600.

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