All categories

3 years ago

The current ratio includes at the of the following except :

Business

2 answers:

Korvikt [17]3 years ago

8 0

Answer:

The correct answer is Prepaid expenses

Explanation:

Calculating the Current Ratio, you can calculate the current ratio of a company by dividing its current assets by current liabilities!

Umnica [9.8K]3 years ago

7 0

Answer: B i believe

Explanation:

You might be interested in

Major limitations of the balance sheet include all of the following except: it necessarily omits many items that are of financia

olga_2 [115]

Answer:

Option D Only amounts known with absolute certainty are reported

Explanation:

This is incorrect statement because International Accounting Standard IAS 37 Provisions, Contingent Liabilities and Contingent Assets sheds light on the recording of future events that will arise as a result of past events. The standard is useful in estimating future events so saying that the absolutely certain amounts are reported is incorrect.

4 0

3 years ago

Mark and rasheed are at the bookstore buying new calculators for the semester. mark is willing to pay $75 and rasheed is willing

Rom4ik [11]

The correct answer is $45

Mark and Rasheed are at the bookstore buying new calculators for the semester. Mark is willing to pay $75 ( $75 - $65 = $10 ) and Rasheed is willing to pay $100 ( $100 - $65 = $35 ) for a graphing calculator. The price for a calculator at the bookstore is $65. Their total consumer surplus ( $10 + $35 = $45 ) is $45

5 0

3 years ago

Supply Chain Integration Supply chain integration is a major contributing factor to organizational success. The goal of supply c

inessss [21]

Answer:

True.

Explanation:

The integration of the supply chain comes from the use of the total quality management tool that will make the supply chain effective as a whole, generating significant improvements at each stage of the chain, with the help of technologies that streamline operations. Integrating the supply chain means organizing the steps so that there is a reduction in costs, time, waste and continuous optimization of the processes as a whole, making the product reach the final consumer correctly meeting their expectations and needs.

4 0

3 years ago

The primary purpose of a career assessment test is to

ser-zykov [4K]

Suggest careers for which the subject might be well suited.

6 0

3 years ago

Cheyenne Corp. purchased a piece of equipment for $58,800. It estimated a 9-year life and $3,400 salvage value. At the end of ye

bogdanovich [222]

Answer:

the revised depreciation is $ 3,753

Explanation:

Straight Line Method of Depreciation charges the same amount of depreciation over the useful life of the asset.

Depreciation Charge (Straight line) = (Cost - Salvage Value) / Useful life

Year 1

Depreciation Charge = ( $58,800 - $3,400) / 9 years

= $6,156

Year 2

Depreciation Charge = $6,156

Year 3

Make the adjustment as if the adjustment happened at the beginning of the year

Make the following changes

(1) Adjast the Depreciable Amount (numerator)

(2) Adjast the Useful life (denominator) to 11 years

Depreciation Charge = (Cost - Previous Depreciation Charges - New Residual Value) / Revised Number of Useful life

Depreciation Charge = ($58,800 - $6,156 - $6,156 - $5,200)/ 11 years

= $ 41,288/ 11 years

= $ 3,753

5 0

3 years ago