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Gwar [14]
3 years ago
14

Jones corp. reported current assets of $187,000 and current liabilities of $132,000 on its most recent balance sheet. the curren

t assets consisted of $63,200 cash; $44,800 accounts receivable; and $79,000 of inventory. the acid-test (quick) ratio is:
Business
1 answer:
Lemur [1.5K]3 years ago
8 0

Hello!

acid-test (quick) ratio=(Cash+short term investments+accounts receivable)÷current liabilities

acid-test (quick) ratio is
(63,200+44,800)÷132,000=0.8182

0.8182×100=81.82%

Good luck!

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If inflation expectations increase, but the return on money doesn’t, people will want to hold less money, ceteris paribus, becau
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Answer:

TRUE

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6 0
3 years ago
Ratchet Manufacturing anticipates total sales for August, September, and October of $370,000, $295,000, and $305,500 respectivel
olchik [2.2K]

Answer:

$351,250

Explanation:

Computation for the amount of cash received for September

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5 0
2 years ago
im Hunter has decided to retire to Florida in 10 years. What amount should Jim invest today so that he'll be able to withdraw $2
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If he wants to withdraw $25,000 each year for 30 years after his retirement 10 years from now, he should invest either letter B. $105,470.27 or D $108,490.27. While he was withdrawing $25,000.00  his investment still remains untouched for the 30 years and it is still increasing. He may increase his yearly withdrawal.
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3 years ago
A corporation has a NLTG of $40,000 and a NSTL of $10,000 in the current year. It had capital gains/(losses) as follows
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Answer:

C. 30000

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4 0
3 years ago
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Answer:

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Explanation:

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Script: Takashi Nishikawa (ep 1)

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Character Design: Takashi Nishikawa

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Okino Kazuki is a normal student who is happy with his staid life. There are two important girls in his life: his sister, Rinka, and childhood friend Sakuragi Otome. His elder by one year, Otome is a beauty and the dream of every guy in school. Although Otome and Kazuki aren't a couple, they hang out with each other constantly and get along very well. In fact, Kazuki believes that as long as things proceed as they currently are, the two of them will eventually be together as a couple, and even marry. However, Kazuki's faith is shattered one day when he receives a DVD.

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