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4 years ago

The current ratio includes at the of the following except :

Business

2 answers:

Korvikt [17]4 years ago

8 0

Answer:

The correct answer is <em>Prepaid expenses</em>

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]4 years ago

7 0

Answer: B i believe

Explanation:

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The expense recognition (matching) principle, as applied to bad debts, requires: multiple choice that expenses be ignored if the

valentina_108 [34]

The expense recognition (matching) principle, as applied to bad debts, requires: the use of the direct write-off method for bad debts.

The matching principle is aa basic guideline in accounting. This principle is used to determine where debts need to go when accrual journals and adjusting entries are being made for a companies reports. The direct write-off method where a company immediately charges off bad debt from sales revenue.

7 0

3 years ago

The Murdock Corporation reported the following balance sheet data for 2018 and 2017: 2018 2017 Cash $ 90,695 $ 30,155 Available-

Klio2033 [76]

Answer:

Prepare the Cash flow from Operating Activities Section as follows :

Net income 62,000

Adjustments for Non - Cash Items :

Depreciation - Land, buildings, and equipment 38,000

Adjustment for Working Capital Items :

Increase in Accounts Receivable (12,950)

Increase in Inventory (21,200)

Decrease in Prepaid Insurance 620

Decrease in Accounts payable (73,530)

Decrease in Salaries payable (5,700)

Decrease in Notes payable (51,200)

Net Cash from Operating Activities (63,960)

Explanation:

Note that the question has requested use of indirect method for preparation of cash flows from operating activities.

6 0

3 years ago

The members of the City High soccer team have been training with Hanson, a personal trainer who charges by the hour, for several

rusak2 [61]

Answer:

The answer is: Wrongful interference with a business relationship

Explanation:

Wrongful interference with a business relationship is a type of tortious interference.

Wrongful interference happens when someone deliberately interferes with a contract or expectancy of a contract, causing damage to one or more parties involved in the contract.

The party (or parties) that suffer damage caused by the wrongful interference, can sue for damage compensation.

In this case, the coach wrongfully interfered in the business relationship Hanson had with the soccer team members, so eventual Hanson could sue the coach.

3 0

3 years ago

Suppose you borrow $1,000 of principal that must be repaid at the end of two years, along with interest of 5 percent per year. I

gogolik [260]

Answer:

Following are the solution to the given question:

Explanation:

For point a:

Calculating the Real rate of interest:

$\to 5\%-10\%\\\\\to -5\%$

For point b:

Calculating the Real value of loan repayment:

$\to \$1000 (1-0.05)^2\\\\\to \$902.5$

For point C:

In this question, the creditor receives less than what he granted he losses that's why the creditor is the correct answer.

8 0

3 years ago

I'm bored and want to learn something useful, anyone have suggestions?

kodGreya [7K]

Answer:

There is no poop fairy for your dogs poop

Explanation:

Dogs poop does not deteriorate or decompose like regular feces just because on what us humans feed them. they were meant for a raw diet they are carnivores. Honestly do some more research on it. It's very interesting.

3 0

3 years ago