Given:
Current ratio: 2.65
acid test ratio: 2.01
current liabilities: $45,000
Current ratio = current asset / current liabilities
2.65 = current assets / 45,000
2.65 * 45,000 = current assets
119,250 = current assets
Acid test ratio = (current assets - stocks) / current liabilities
2.01 = (current assets - stocks) / 45,000
2.01 * 45,000 = current assets - stocks
90,450 = current assets - stocks
119,250 - 90,450 = 28,800 is the dollar amount of merchandise inventory.
Answer: $3,593.75
Explanation: Multiply the principal balance by the interest rate: $750,000 x . 0575 = $43,125;. Then find the monthly rate by dividing $43,125 by 12 to get $3,593.75.
As a social entrepreneur, Mr. Mycoskie takes the concept of corporate social initiative to a new level.
Corporate social initiative is when a corporate company tries to bring social awarenss through their volunteer efforts, bussinesses that benefit soceity and much more. TOMS donates a pair of shoes to a third world country each time a pair is bought. This is a way to help their economies and those living in them by giving back.
<u>Full question:</u>
Walmart is known for its efficient logistical systems. Every time consumers buy something, that purchase is recorded and sent to company headquarters, where it is used to generate reorders to vendors. In addition, customers' billions of purchases are analyzed to uncover patterns of consumers' purchasing behavior. This is an example of _________________.
A.Data isolation
B. Data mining
C. Secondary data collection
<u>Answer:</u>
This is an example of Data mining
<u>Explanation:</u>
Data mining is the manner of detecting exceptions, models, and relationships inside massive data sets to prognosticate consequences. By utilizing software to watch for models in huge quantities of data, businesses can acquire more on their consumers to produce more powerful marketing tactics, improve sales and reduce costs.
Learn what is appropriate and then execute good effectiveness of that erudition to evaluate likely outcomes. Data mining can be practiced by organizations for everything from acquiring what consumers are engrossed in.
Answer:
1. No effect
2. Outflow of cash
3. No effect
So, by $6,000, the net worth would decrease.
Explanation:
1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.
2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.
3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.
So, the net worth would decrease by $6,000
