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s2008m [1.1K]
3 years ago
14

Meredith saves $575 a month and her gross income is $6,500 each month. Meredith’s liquid assets are equal to $4,000 and her curr

ent liabilities are equal to $1,200. Her net worth is $65,000. What is Meredith’s savings ratio?
Business
1 answer:
NeTakaya3 years ago
6 0

Answer:

$8.85%

Explanation:

Savings refers to the amount of income that has been spent but has. The saving ratio measures the propensity of individuals to save. The savings ratio is derived by dividing individuals or household savings with disposable income.

Disposable income refers to the income after tax deductions.

Saving ratio =savings/ disposable income x 100

For Merideth: monthly savings = $575

gross income: $6500

No information on tax is given

Saving ratio = $575/$0.6500 x 100

=$0.0884 X 100

=$8.8461%

=$8.85%

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Assume a project will increase inventory by $61,000, accounts payable by $28,000, and accounts receivable by $36,000. what is th
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The initial net working capital requirement for this project exists $69,000.

<h3>What is meant by net working capital?</h3>

The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).

The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.

net working capital requirement = $61,000 − 28,000 + 36,000

net working capital requirement = $69,000

The initial net working capital requirement for this project exists $69,000.

To learn more about net working capital refer to:

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2 years ago
Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the s
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Answer:

1. Create and give innovative experience.

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3. Improvement in workers general welfare

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As a manager in an hotel, I would Improve the facets of the hotel by

1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.

2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.

3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.

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When researching your perspective business, it’s most important that you know your product and your
professor190 [17]

When researching your prospective business you should focus on your product and target customers.

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Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand.
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Answer:

The correct word for the blank space is: lower; buyers to offer higher prices.

Explanation:

In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.

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3 years ago
Problem 14-04 Stock Repurchase A firm has 5 million shares outstanding with a market price of $15 per share. The firm has $15 mi
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Answer:

$60 million

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The computation of the value of operations after the repurchase is shown below:-

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We simply applied the above formula so that the firm's value of operations after the repurchase could come

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