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Ugo [173]
3 years ago
8

Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren

t assets consisted of $61,000 Cash; $42,100 Accounts Receivable; and $92,900 of Inventory. The acid-test (quick) ratio is
Business
1 answer:
myrzilka [38]3 years ago
4 0

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

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Environmental Designs issues 3,000 shares of its $1 par value common stock at $15 per
patriot [66]

Environmental Designs issues 3,000 stocks of its $1 par cost not unusual stock at $15 per share. magazine entries required

1) coins (3000 stocks x $ 15) $45,000  

    not unusual stock - at par (3000 shares x $ 1 par)= $3,000

    extra paid-in capital in extra of Par - not unusual inventory                           $45,000 - $three,000= $forty two,000

 (to document issuance of stock)    

     

2) coins $45,000  

    not unusual inventory - no par   $45,000

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Examples of the environmental designs technique encompass the use of roadway noise laptop fashions in the design of noise obstacles and the use of roadway air dispersion fashions in reading and designing city highways.

Environmental design is the ordering of the big-scale factors of the environment by means of structure, engineering, panorama architecture, urban making plans, regional planning, and so forth., typically in a mixture. the have a look at or exercise of this.

An environmental design diploma is an education program that teaches college students how to design environmentally sustainable areas. students enrolled in this degree program discover ways to make design selections that benefit both human beings and the herbal surroundings.

Learn more about environmental design here: brainly.com/question/12393940

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8 0
1 year ago
Payton Inc. r reports in its 2017 annual report 10-K, sales of $8,180 million and cost of goods sold of $3,272 million. For next
jek_recluse [69]

Answer:

C. $3,454 million

Explanation:

Calculation to determine what the Projected cost of goods sold for 2018 will be:

2018 Projected cost of goods sold = [(8,180*1.03)*(3,272/8,180)+1%)]

2018 Projected cost of goods sold = (8,425 * (0.40+1%)

2018 Projected cost of goods sold= 3,454 million

Therefore Projected cost of goods sold for 2018 will be: $3,454 million

5 0
2 years ago
Karen has been a buyer for Ocean Mist, a large cranberry processor, for several years. Believing that she knows a great deal abo
Ganezh [65]

Answer:

The answer is letter C, Broker.

Explanation:

In order to know whether Karen's company is a broker. It would be best to define what "Broker" is.

In business, <em>"broker" is defined as a person or a company who acts as a mediator between a buyer and a seller. As an agent, the broker gets commission in every business transaction. He can also represents himself as the buyer or the seller. At this point, he also gets a certain commission. </em>In the situation above, Karen arranges the transaction between the growers and processors of cranberries. At this point, she is acting as a seller and a buyer. She does this on behalf of the other firms. Thus, the answer is letter C, Broker.

<u>Additional Information</u>

Sales Agent- a self-employed salesperson who usually works alone. He obtains orders for companies and receives commission on those orders.

Commission Merchant- a person who buys and sells products. He receives commission for the sales price.

Sales Branch- an independent business which purchases merchandise in bulk from manufacturers. He then processes it and redistributes it to retailers.

Sales Office- this is a location that is used for the purpose of selling. It is often leased.

6 0
3 years ago
A business impact analysis (BIA) identifies threats, vulnerabilities, and potential attacks to determine what controls can prote
Anna11 [10]

Answer:

The correct answer is: False.

Explanation:

To begin with, the name of <em>"Business Impact Analysis"</em> or BIA, in the field of business, refers to the strategy or process that focus on the analysis of the organization when an emergency happens and to see how that surprise event has affected the company's operations. So that is why that this method determines and evaluates all the potential effects that the disaster had on the structure of the organization and how that impact could be resolve by the managers and the whole crew of employees.

7 0
3 years ago
All of the following are current focuses of ai research except? perception.cognitive surplus.knowledge representation.natural la
egoroff_w [7]

All of the following are current focuses of ai research except cognitive surplus. Thus, option B is correct.

<h3>What is AI research? </h3>

With an emphasis on automating investigation methods from creating a theory to carrying out trials, the use of AI throughout research must have significantly increased.

The AI research all included perception, knowledge representation, and natural language processing.

A person's cognitive surplus is indeed a combination of their attention, effort, ingenuity, and charity, which promotes efficiency, innovation, and cooperation with in technology world. Therefore, option B is the correct option.

Learn more about  AI research, here:

brainly.com/question/14340459

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7 0
1 year ago
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