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
Answer:
a rational investor will only take on higher risk if he expects a higher return.
Explanation:
Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.
In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.
Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.
Hence, the rate of return is used as a long-term decision-making tool to determine whether or not an investment is worth it.
Thus, the principle of risk-return trade-off means that a rational investor will only take on higher risk if he expects a higher return.
Before it stopped being sold on the market in 1978, lead paint was widely-used. Paint chips from older houses built in the 1960's would most likely contain lead. Lead's cognitive effects are well-documented.
Children exposed to lead are more likely to have a lower ability when it comes to learning. For Joey, who is 2 years old, prevent this increase of acquiring neurological damage by dealing with the paint chip in the house. For best results, contact a professional lead abatement team.
Answer:
B. Place the order now.
Explanation:
Why wait until the exchange rate changes? When is that going to be? The best reaction would be to place the order when it is needed and not to speculate on the exchange rate. Waiting until the exchange rate changes against Japan makes the prices of goods and services cheaper for foreign purchasers. But, the wait could be endless.
Answer:
The correct answer is letter "D": Clayton Act.
Explanation:
Introduced by Democrat Henry De La Mar Clayton (1857-1929), the Clayton Act is a treaty passed by the U.S. Congress in 1914. This Act is the main antitrust legislation that forbids <em>anti-competitive mergers, acquisition of stocks, tying contracts, predatory pricing among other illegal corporate behavior.</em>
