Answer:
company's acid-test ratio is 1.63. Option e
Explanation:
Acid test ratio is similar to current ratio. However, current assets difficult to liquidate such as inventory are usually not included in the total current asset computation
Given,
Cash = $ 42,250
Short-term investments = 60,000
Accounts receivable, net = 79,500
Merchandise inventory = 115,000
Prepaid expenses = 9,700
Accounts payable = 111,400
Acid test = (42250 + 60000 + 79500 + 9700)/111400
= 181750/111400
= 1.63
Option e.
A savings account makes a better investment because the person receives more interest from the bank than a checking account.
Answer:
the balance in the unearned revenue as on Dec 31 is $200,000
Explanation:
The computation of the balance in the unearned revenue as on Dec 31 is as follows
= Yearly subscription revenue collected ÷ total number of months in a year × given number of months
= $480,000 ÷ 12 months × 5 months
= $200,000
The five month is calculated from Dec 31 to May 31
Hence, the balance in the unearned revenue as on Dec 31 is $200,000
Within a Hootsuite analytics board, you can add a widget/metric, which is: <span>an individual display of a specific metric. Hootsuite is a program many business use to keep track of social media marketing, data received from this and how their competitors are trending. You can search different metrics and keep important information saved to make comparisons overtime. </span>
Answer:B Both do positive work, but person X does twice as old as person Y
Explanation:
It means X has put in double the efforts of Y. That for every one efforts of Y, X does two and for every two he does four etc
