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s344n2d4d5 [400]
3 years ago
14

A company has these assets: a building worth $250,000; equipment worth $20,000; and operating funds of $15,000. It also has two

loans: one for $45,000 and one for $75,000. Calculate the company’s working capital ratio.
Business
1 answer:
Delicious77 [7]3 years ago
5 0

Hello there!

Answer:

The working capital ratio would be 2.38:1

Explanation:

To find the working capital ratio of a company, we would need to get the total assets and liabilities and divide them.

Assets:

250,000+20,000+15,000= 285,000

You would have $285,000 in total assets

Liabilities:

45,000+75,000=120,000

You would have $120,000 in total liabilities.

Now, we would divide 285,000 by 120,000 in order to get your ratio.

Lets solve:

285,000 \div120,000= 2.375:1

If you need to round, you would round the 5 over to the 7 to turn it to 8.

Your ratio would be 2.38:1

2.38:1 would be the CORRECT answer.

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Explanation:

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2 years ago
The provision in a listing contract that gives additional authority to the broker and obligates the broker to distribute the lis
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Answer:

Multiple Listing Clause

Explanation:

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3 years ago
From an entrepreneurial perspective, ______ is a description of the future you envision for your business.
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Answer:

The answer is , planning

Explanation:

I hoped it was helpful !

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2 years ago
A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of woo
RoseWind [281]

Answer:

a. Give the Objective function.

Let c = #coats to be produced

Let s = #slacks to be produced

b. Give the constraints

3c+5s≤150

10c+4s≤200

d. Give the optimal Point

The profit function would be P(x,y)=50c+40s

Explanation:

Let c = #coats to be produced

Let s = #slacks to be produced

Our first constraint deals with square yards of wool. We cannot exceed 150 square yards. Using the fact that coats require 3 sq yds and slacks require 5 sq yds, we can identify this constraint.

3c+5s≤150

Our second constraint deals with the number of hours available being 200. Coats require 10 hrs and slacks require 4 hrs. Now we have our second constraint.

10c+4s≤200

We might also assume that some of each will be produced, so we can list the following as constraints as well.

c>0 and s>0

The profit function would be P(x,y)=50c+40s

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3 years ago
The managerial function of ______ involves monitoring performance, comparing it to goals, and taking corrective action when need
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Answer:

Controlling

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Out of the many functions of management, controlling is an important managerial function. Controlling can be referred to as a managerial function that enables the achievement of results as it relates to set goals. This function involves the measurement of progress for the purpose of achieving organizational goals. It helps to ensure that subordinates and managers inclusive are doing what is necessary, identify errors and take corrective measures to meet up to the standard.

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4 years ago
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