A firm current ratio is 1. 0 and its quick ratio is 1. 0. If current liabilities are 12300 then its inventories will be 12300
Inventory is the accounting of items, component parts and raw materials that a company either uses in production or sells
The quick and current ratios are liquidity ratios that help investors and analysts gauge a company's ability to meet its short-term obligations. The current ratio divides current assets by current liabilities. The quick ratio only considers highly-liquid assets or cash equivalents as part of current assets.
current ratio = current assets / current liabilities
current assets = current ratio * current liabilities
= 1 * 12300 = 12300
since , inventory is a current asset for accounting purpose , hence inventories will be 12300
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Answer:
Since steel contains iron (a magnetic metal), the magnets will attract the steel cans since aluminum is not magnetic. This is used to separate the steel cans from the aluminum cans so they can be recycled separately.
<span>A moving electrical charge produces a magnetic field and a moving magnetic field produces an electrical field. An electromagnet works by coiling a bunch of wire and spinning a couple of magnets around that wire at high speeds. When this occurs the magnets induce an electric current in the wire and hence the electricity production. Once the magnets stop spinning, the induced electrical field dissipates and the current stops flowing through the wire.
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