Answer:
$1.67 Million
Explanation:
Current asset = 15 Million
Current liabiltiy = 15 Million/3
= 5 Million
Let the inventory X can be purchased with short term debt without violation
per current ratio requirement
(15 + x)/5+x = 2.5
15 + x = 12.5 + 2.5x
2.5 = 1.5x
x = $1.67 Million
Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million
Answer:
business partner
Explanation:
Business partner -
It refers to the authority in the business , which has the right to take decisions for the project of the business , is referred to as business partner .
The relation between the two or more people i.e. , the business partners can be on the contract basis or exclusive in nature .
Hence , from the given scenario of the question ,
Tyler need a buisness partner for his business .
A. Personal
Personal accountant: A person who has the requisite skill and experience in establishing and maintaining accurate financial records for an individual or a business.
Answer:
The amount of the net income shown on the income statement is $9,000
Explanation:
The computation of the net income is shown below:
Net income = Services provided for cash = operating expenses incurred
= $45,000 - $36,000
= $9,000
According to the matching principle, the revenues of a particular period should always be matched with the expenses that are incurred in that particular year
So, the net income that is to be reported on the income statement is $9,000
Note: Options are shown in the attachment
Answer:
<u>Market segmentation.</u>
Explanation:
Market segmentation is a process used by an organization that divides its potential customer according to tastes, needs and characteristics and similarities between customer groups, with the aim of directing the marketing strategy and product line to each customer group. identify their particularities to meet their own needs more effectively.
