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lozanna [386]
4 years ago
7

Write 7÷10, 1÷3, 7÷12 and 8÷10 in order from least to greatest ​

Business
1 answer:
RideAnS [48]4 years ago
5 0

.333333333333333,.583333333333333,.7,.8

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1. Compute the current ratio and acid-test ratio for each of the following separate cases:
Rina8888 [55]

Answer:

Current Ratio: 2.49; 2.7; 1.75

Acid test ratio: 1.32; 0.64; 0.65

Explanation:

Current ratio

For Camaro:

= Current assets ÷ Current liabilities

= $ 5,915 ÷ $2,380

= 2.49

For GTO:

= Current assets ÷ Current liabilities

= $3,780 ÷ $1,400

= 2.7

For Torino:

= Current assets ÷ Current liabilities

= $6,900 ÷ $3,950

= 1.75

Acid test ratio:

For Camaro:

= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities

= ($5,915 - $2,375 - $400) ÷ $2,380

= $3,140 ÷ $2,380

= 1.32

For GTO:

= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities

= ($3,780 - $2,180 - $700) ÷ $1,400

= $900 ÷ $1,400

= 0.64

For Torino:

= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities

= ($6,900 - 3,450 - $900) ÷ $3,950

= $2,550 ÷ $3,950

= 0.65

6 0
4 years ago
What does a mission statement do?
kiruha [24]

I think C) tells the major goals of a business

Hope it helped

5 0
3 years ago
Barry has $22,000 in a savings account with the Scott Credit Union. While economic conditions have caused financial institutions
cluponka [151]

Answer:

The correct answer is letter "D": National Credit Union Administration (NCUA).

Explanation:

The National Credit Union Administration or NCUA supervises the operations of federal credit unions across the United States of America. The main duty of the organization is to manage the <em>National Credit Union Share Insurance Fund</em> (<em>NCUSIF</em>) which insures the deposits of the federal credit unions in front of different issues that can take place.

7 0
4 years ago
Genna Raiter, the president and CEO of Car Keepers Garage, has asked several of her managers and employees to help establish a s
Nonamiya [84]

Answer:

The options for this question are the following:

A. payoff matrix.

B. mission statement.

C. tactical plan.

D. organization chart.

The correct answer is B. Mission statement.

Explanation:

A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.

A mission statement defines the objectives of what a company does by:

Your clients

The employees

Their owners

Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.

In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.

The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.

7 0
4 years ago
What does it mean to be signed to a label?
Radda [10]
<span>meaning that you are partnered with the record label

</span>
5 0
3 years ago
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