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
snow_lady [41]
3 years ago
8

Blossom Company reported the following selected information at March 31 Total current assets Total assets Total current liabilit

ies Total liabilities Net cash provided by operating activities 2017 $252,500 431,500 284,500 374,000 62,100 Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2017. The company paid dividends of $11,000 and spent $24,500 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e.g. 15.25. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in parentheses e.g. (15,000)) Current ratio Debt to assets Free cash flow
Business
1 answer:
Bas_tet [7]3 years ago
8 0

Answer:

a. 0.89

b. 86.67%

c. $37,600

Explanation:

A. Current ratio = Current Assets / current liabilities

= 252,500 / 284,500

= 0.8875

= 0.89

B. Debt to assets ratio = Total liabilities / Total assets

=$374,000 / $431,500

=0.8667%

= 86.67%

C. Free cash flow = Net cash provided by operating activities - Capital expenditure

= $62,100 - $24,500

= $37,600

You might be interested in
Rainey Enterprises loaned $20,000 to Small Co. on June 1, 2018, for one year at 6 percent interest. Required Show the effects of
kari74 [83]

Answer:

See explanation

Explanation:

See the image below:

3 0
3 years ago
Diane is the office manager at Pamentas, a luxury watch manufacturer. She organizes the office operations and procedures, assign
DerKrebs [107]

Answer:

The answer is: First line manager

Explanation:

A first line manager usually supervises non managerial  workers or operators, e.g. foreman or shift boss. They are in charge of the operations of their departments or business units. In other words, they manage the people who perform the work of producing the organization´s goods or services.

Depending on the size of the organization, they respond to middle or executive management.

7 0
3 years ago
What is the term for the total amount of money produced by the sale of goods and services?
ELEN [110]

Answer:

D) revenue

Explanation:

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations.

<em>H</em><em>O</em><em>P</em><em>E</em><em> </em><em>T</em><em>H</em><em>I</em><em>S</em><em> </em><em>H</em><em>E</em><em>L</em><em>P</em><em>S</em><em> </em><em>A</em><em>N</em><em>D</em><em> </em><em>H</em><em>A</em><em>V</em><em>E</em><em> </em><em>A</em><em> </em><em>N</em><em>I</em><em>C</em><em>E</em><em> </em><em>D</em><em>A</em><em>Y</em><em> </em><em><</em><em>3</em>

4 0
2 years ago
Types of conclusion <br> In a nut shell, when you look
Mars2501 [29]

In a nut shell, when you look belongs to reflective type of conclusion. Hence, the type of conclusion in the phrase above is reflective conclusion. Read below about types of conclusion

<h3>What are the types of conclusion?</h3>

Majorly, the types of conclusion include: embedded, retrospective, reflective, and projective forms are four main types of conclusions applicable for different academic papers when writing.

Therefore, the correct answer is reflective conclusion. This is so, because, the introductory phrase after the transitional marker signals reflection, 'when you look...' hence, the correct address is reflective conclusion.

learn more about reflective conclusion: brainly.com/question/5012638

#SPJ1

5 0
2 years ago
Which factor is not generally viewed by economists as critical to economic growth?
Varvara68 [4.7K]

access to large amounts of natural resources is not generally viewed by economists as critical to economic growth

What factors affect economic growth?

Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology.

What is economic growth ?

Economic growth is defined as: an increase in an economy's production capacity or potential GDP. The rate of economic growth is the key determinant of. changes in a society's standard of living—which is commonly measured using real GDP per capita.

What is economic growth determined by?

Broadly speaking, there are two main sources of economic growth: growth in the size of the workforce and growth in the productivity (output per hour worked) of that workforce. Either can increase the overall size of the economy but only strong productivity growth can increase per capita GDP and income

Learn more about economic growth :

brainly.com/question/1690575

#SPJ4

7 0
1 year ago
Other questions:
  • The minimum wage law ___________________ a) has a significant effect on the unemployment rate since a large part of the labor fo
    9·1 answer
  • Paragon Company
    12·1 answer
  • Sannella Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S
    10·2 answers
  • Mintzberg characterized managers' interaction with people both inside and outside of their work units as their _______ roles.
    6·1 answer
  • Peter signed up for a program that cost $10.50 per month to stream movies to his computer. he decided to cancel his service afte
    12·1 answer
  • REMAX, a real estate company in Houston, performed an analysis of 500 Houston homes they sold last year. Each home was categoriz
    12·1 answer
  • What is agriculture refer the attachment!​
    8·1 answer
  • HELPPP
    12·2 answers
  • Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
    9·1 answer
  • How would a career plan help you at<br> this point in your life?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!