Answer: Trade deficit
Explanation: In simple words, trade deficit is the excess of a country's imports over its exports. The excess of imports means the country has done expenditure more than it has made revenue. This is seen as a negative sign for an economy. The trade deficit is usually calculated for one financial year.
Hence, from the above we can conclude that the answer to the given problem is trade deficit.
Answer:
A) Fluctuating market prices of short-term investments may adversely affect the ratio.
Explanation:
The quick ratio (or acid test) measures a company's ability to pay short term liabilities using its liquid assets. usually the best quick ratio is 1, because it means that your liquid current assets cover completely your current liabilities.
There are two formulas to calculate the quick ratio:
- quick ratio = (cash + marketable securities + accounts receivables) / current liabilities
- quick ratio = (current assets - inventory - prepaid expenses) / current liabilities
The quick ratio includes the value of short term investments, and any fluctuation in their price may affect the ratio.
Answer:
a. $1508
Explanation:
June 1 150 units
June 10 200 units
June 15 200 units
June 28 150 units
Total 700 units
Out of above, only 210 units are in hand. Under LIFO method, 150 units are from 1st June and 60 units are from 10th June.
Date Units (a) Per unit cost (b) Ending inventory (a*b)
June 1 150 $6.93 (1040/150) $1.040
June 10 60 $7.8 (1560/200) $468
Total 210 $1,508
So, using the LIFO inventory method, the value of the ending inventory on June 30 is $1,508
Answer:
$150,350
Explanation:
The computation of the cash collected in December is shown below:
Particulars Sept Oct Nov Dec
Sales $165,000 $156,000 $140,000 $177,000
Given percentage 30% 55% 15%
December collection amount $46,800 $77,000 $26,550
Total December collection $150,350
It is B. and now i have to type more to get this answer posted
