Answer:
2.42 times
Explanation:
The computation of the acid test ratio is shown below:
Acid test ratio = Quick Assets ÷ Current liabilities
where,
Quick Assets = Cash + short term investment + account receivable
= $4,500 + $50,500 + $66,000
= $121,000
And, the current liabilities is $50,000
So the acid test ratio is
= $121,000 ÷ 50,000
= 2.42 times
Basically we applied the above formula to find out the acid test ratio
Answer:
1.35
Explanation:
Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)
14.48 = 3.42 + b(11.6 - 3.42)
14.48 = 3.42 + b8.18
14.48 - 3.42 = 8.18b
11.06/8.18 = 1.35
Answer:
$34,900
Explanation:
The computation of the ending balance in the Owner's Capital account is shown below:
= Net income + investment
= $29,200 + $5,700
= $34,900
The another method is
Stockholder equity = Total assets - total liabilities
where,
Total assets = Cash + Office supplies + accounts receivable
= $20,800 + $2,700 + $11,400
= $34,900
And, the total liabilities is zero
Now put these values to the above formula
So, the value would equal to
= $34,900 - $0
= $34,900
Answer: Organizing
Explanation:
One of the key functions of management is to organize the resources of the business in such a way that the business is moved forward and its goals are accomplished.
The manager does this by allocating those resources to various plans and projects in an efficient enough manner that would help the company achieve its goals.
