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max2010maxim [7]
3 years ago
13

Carla Vista Corp. has total current assets of $11,420,000, current liabilities of $4,354,000, and a quick ratio of 0.99. How muc

h inventory does it have?
Business
1 answer:
amid [387]3 years ago
3 0

Answer:

Carla Vista Corp. has Inventory of $7,109,540

Explanation:

Carla Vista Corp. has current liabilities of $4,354,000, and a quick ratio of 0.99

The quick ratio is calculated by the following formula:

Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities

(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities  = $4,354,000 x 0.99 = $4,310,460

Total current assets = (Cash & equivalents + Short Term investments + Accounts receivable) + Inventory

Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $11,420,000 - $4,310,460 = $7,109,540

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Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire people she works with to accept her vision a
Vadim26 [7]

Answer:

good leadership

Explanation:

The fact that she inspires and not demands is an example of good leadership skills

4 0
3 years ago
Which of the following will shift the aggregate demand curve to the left?
lisov135 [29]

Answer:

A. Interest rates rise.

C. There is an economic boom overseas that raises the incomes of foreign households.

Explanation:

Option A - It is correct because if the interest rate increases, consumer spending will decline. Therefore, the aggregate demand curve will shift to the left.

Option B - If the government reduces the personal income tax, the consumers will spend more, it will lead the aggregate demand to the right. So, it is wrong.

Option C - Foreign households' income will lead to more savings. Therefore, spending will decline. So, it is the correct statement.

Option D - It is incorrect because corporate profit tax will not consider in the aggregate demand.

3 0
3 years ago
How does the BCG Matrix classify products?
tigry1 [53]

BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential. It classifies business portfolio into four categories based on industry attractiveness (growth rate of that industry) and competitive position (relative market share

5 0
3 years ago
Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are:__
Sindrei [870]

Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are a better reflection of current value than historical value. the correct answer is option(b).

Market capitalization is frequently used to refer to market value, which is the price an asset commands on the market. Because they depend on a variety of variables, including the physical working environment, the overall state of the economy, and the dynamics of supply and demand, market values are dynamic in nature.

An asset's book value is determined by the balance in its balance sheet account. Asset values are determined by subtracting any depreciation, amortization, or impairment expenses from the asset's initial cost.

Since market value includes profitability, intangibles, and potential for future growth, it typically exceeds book value for a company. The net asset value investors receive when they purchase shares is measured using book value per share.

The complete question is:

Financial economists prefer to use market values when measuring debt ratios because:

  1. market values are more stable than book values.
  2. market values are a better reflection of current value than historical value.
  3. market values are readily available and do not have to be calculated like book values.
  4. market values are more difficult to calculate which makes financial economists more valuable
  5. None of these.

To know more about  market values refer to: brainly.com/question/19131751

#SPJ4

6 0
2 years ago
On January 1 of this year, Ikuta Company issued a bond with a face value of $115,000 and a coupon rate of 4 percent. The bond ma
gulaghasi [49]

Answer:

The carrying value at year three end is $115,000.

Explanation:

The bond amortization schedule shows the how the interest expense is calculated as well as the coupon payment at each year end.

The carrying value at each year end is the opening carrying value in that year plus interest expense(as % of opening carrying value) minus the coupon payment(as % of face value).

In the beginning carrying value is the price the bond was issued,which could be computed using the pv formula in excel.

=-pv(rate,nper,pmt,fv)

the rate is yield to maturity of 5%

nper is the number of coupon payments to be made by the bond,which is 3

pmt is the yearly coupon payment which is:$115,000*4%=$4,600

fv is the face value of $115,000

=-pv(5%,3,4600,115000)=$111,868.26

Find attached amortization schedule.

Download xlsx
4 0
3 years ago
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