For the answer to the question above asking an<span> office supplies salesperson sold $1,284 in week 1, $976 in week 2, $489 in week 3 and $1,042 in week 4.
Is this an incomplete question or you are asking for the total sales?
should I add them up? The answer would be 3,791</span>
Answer:
Both ratios will increase where the accounts payable balance is paid off.
Step-by-step explanation:
The current ratio is given as
Current ratio = Current asset / current liabilities
Where the current assets are asset that can be converted into cash easily ( including cash and cash equivalents) while the current liabilities are liabilities to be settled in a short term, say 1 year.
Acid test ratio is given as
Acid test ratio = (Current asset - Inventories) / current liabilities
Here, the current assets excludes the assets that are not so easily converted to cash.
From the two formulas stated above, where the accounts payable balance which is an element of the current liabilities is paid off, the current liabilities balance reduces thus resulting in an increase in both ratio.
Hence, current and the acid-test ratios will increase where the accounts payable balance is paid off.
Answer:
20 PERCENT
Step-by-step explanation:
BECUASE 40 INTO 60 AND THAT MEAN WE PLUS 20
Given expression is
-33/-10- (-45.3+ 35.2)
Problem says that it is simplified.
After simplification it gives:
-33/-10+?
Now we need to find the unknown value that goes in place of ?.
Notice that it is expression having only constants so we will get a unique answer not the smallest or largest value.
Now let's find the value of unknown that goes in place of ?
-33/-10- (-45.3+ 35.2)= -33/-10+?
we see that -33/-10 is on both sides so we can remove that
- (-45.3+ 35.2)= ?
Now let's simplify the left side by distributing the negative sign
+45.3 - 35.2= ?
10.1 = ?
Hence the unknown value is 10.1 that goes in place of ?.