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3 years ago

Which of these investments may pay dividends?

Business

2 answers:

Sunny_sXe [5.5K]3 years ago

7 0

Hi, I'm guessing the answer is C.

Leya [2.2K]3 years ago

3 0

D. stocks

 Many people invest in dividend-paying stocks to take advantage of the steady payments and the opportunity to reinvest the dividends to purchase additional shares of stock.

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Booker Corporation had the following comparative current assets and current liabilities: Dec. 31, 2017 Dec. 31, 2016 Current ass

stiks02 [169]

Answer:

Liquidity measures for the year 2017 are as under:

Current Ratio = 1.5

Working Capital = $100,000

Acid Test Ratio = 0.95

Accounts Receivables Turnover = 10 times

Inventory turn over = 4 times

Explanation:

Current Ratio

Current Ratio = Current Assets ÷ Current Liabilities

Dec 31, 2017 Dec 31, 2016

$300,000 ÷ $200,000 $245,000 ÷ $155,000

Current Ratio 1.5 1.6

Working Capital

Working Capital = Current Assets – Current Liabilities

Dec 31, 2017 Dec 31, 2016

$300,000 – $200,000 $245,000 – $155,000

Working Capital $100,000 $90,000

Acid Test Ratio

Acid Test Ratio = (Current Assets – Inventory) ÷ Current Liabilities

Dec 31, 2017 Dec 31, 2016

($300,000 – $110,000) ÷ $200,000 ($245,000 – $90,000) ÷ $155,000

Acid Test Ratio 0.95 1.00

Accounts Receivables Turnover Times

Accounts Receivables Turnover = Credit Sales ÷ Average Accounts Receivables

Average Accounts Receivables = (Opening Accounts Receivables + Closing Accounts Receivables) ÷ 2

Average Accounts Receivables = ($55,000 + $95,000) ÷ 2 = $75,000

Accounts Receivables Turnover = $750,000 ÷ $75,000 = 10 Times

Inventory Turnover Times

Inventory Turnover = Cost of Goods Sold ÷ Average Inventory

Average Inventory = (Opening Inventory + Closing Inventory) ÷ 2

Average Inventory = ($110,000 + $90,000) ÷ 2 = $100,000

Inventory Turnover = $400,000 ÷ $100,000 = 4 Times

5 0

3 years ago

Which of these might result in the government passing a law preventing

navik [9.2K]

The answer is C. Lobbying

4 0

3 years ago

Select the correct answer. How is augmented reality used in businesses?

garri49 [273]

Answer:

It uses everyday things, items like iPhones or tablets, sensors and market to find the place of physical items and then suggest where to put virtual objects.

This might be a little off since I'm not very familiar with business stuff, but I hope this helps.

7 0

3 years ago

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash

aalyn [17]

Answer and Explanation:

1. Total current assets

As we know that

Current ratio = Current assets ÷ current liabilities

Current liabilities is

= Accounts payable + Accrued interest + Salaries payable

= $50,000 + $1,000 + $22,000

= $73,000

And,

Current ratio = 1.5:1

So,

Total current assets is

= 1.5 × $73,000

= $109,500

b. Short term investment is

Short term investment = Total current assets - Cash and cash equivalents - Accounts receivables - Inventories

= $109,500 - ($6,100 + $31,000 + $71,000)

= $1,400

c. Now retained earning is

Total assets

= Total current assets + Property, plant and equipment

= $109,500 + $175,000

= $284,500

Total liabilities is

= Current liabilities + Notes payable

= $73,000 + $41,000

= $114,000

Retained earnings is

= Total assets - Total liabilities - Paid in capital

= $284,500 - $114,000 - $155,000

= $15,500

6 0

3 years ago

Cleveland Company purchased $2,700 of inventory on account from Pinto Industries on March 8th. The terms were 2/15, n/45. Clevel

Gala2k [10]

Solution:

Accounts Payable $2900

Cash $2691

Inventory $209

Cleveland didn't pay during the discount period,

So the amount due is $2,700 - 450 = $2,250

Cash was charged in freight charges prior to delivery of the invoice.

4 0

3 years ago