1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorC [24]
4 years ago
15

Feiler Corporation has total current assets of $493,000, total current liabilities of $357,000, total stockholders' equity of $1

,067,000, total net plant and equipment of $1,041,000, total assets of $1,534,000, and total liabilities of $467,000. The company's current ratio is closest to:
a.0.76

b.1.06

c.1.38

d.2.23
Business
1 answer:
Citrus2011 [14]4 years ago
3 0

Answer:

The answer is C.

Explanation:

Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.

This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal

The formula for current ratio is:

Current assets/current liabilities

Total current assets is $493,000, Total current liabilities is $357,000

= $493,000/$357,000

=1.38

You might be interested in
Select one advantage of an annuity for a lender. a.) There is less risk that the borrower will be unable to repay the loan. b.)
Lemur [1.5K]

Answer:

The best choice of the four listed is <u>option a.</u> There is less risk that the borrower will be unable to repay the loan.

Explanation:

In an annuity loan, the payment plan is scheduled in many time intervals, meaning that you will have a lot of time to pay the lender money, no matter how small the amount is. The person borrowing is made to pay money, during this time window, many small amounts of money. Since the borrower will be paying small amount of money from time of time until he or she is done repaying, the lender has an advantage in this situation as they will not be losing money.

7 0
3 years ago
A company is considering the purchase of a new machine for $48,000. Management predicts that the machine can produce sales of $1
kramer

Answer:

The accounting rate of return is 10%

Explanation:

I hope this helps you! :D

8 0
3 years ago
Which of the followind one-time payments are renters typically required to pay In to their first month's rent when they sign a l
tensa zangetsu [6.8K]

Answer:

Security deposit

Explanation:

Security deposits is a term that is used to describe a one-time payment that renters are typically required to pay into their first month's rent when they sign a lease.

This security deposit is usually given back to the renter after the tenancy period has ended, and the tenants did not cause any form of unusual damage beyond what is expected through the usage period.

5 0
3 years ago
Feel Good Inc. is a multinational sports goods manufacturer that uses a different strategy in each of its subsidiaries and opera
bearhunter [10]

Answer:

multidomestic strategy.

Explanation:

It is correct to state that in the context of the four international strategies proposed by Bartlett and Ghoshal, Feel Good Inc. uses a multi-domestic strategy, which occurs when a company uses several different marketing strategies according to the location where it operates.

Feel Good Inc uses a multi-domestic strategy because the statement tells us that the company uses a different strategy in each of its subsidiaries and operations, and that decision-making is decentralized.

This strategy can be advantageous for adapting the marketing campaign to the needs and desires of a specific target audience in a place. To be effective, market research, population study and market segmentation must be carried out.

3 0
3 years ago
You want to communicate the 15 percent sales growth goals to each of the store managers. At the same time, you want to share som
Anastaziya [24]

Answer:

Option a (It is..........planning) is the appropriate choice.

Explanation:

  • If indeed the respondents are satisfied to approach the 15% revenue generation by telephone as well as offer certain thoughts.
  • This same degree of wealth is significant since the relationship is immediate and preparation can be moderate, considering correspondence is carried on both sides with delays out of another end.

The question wasn’t connected to certain other alternatives. Thus, the response seems to be the right one.

8 0
3 years ago
Other questions:
  • An important skill for the beginning home inspector is
    13·1 answer
  • What can the government of a relatively poor country do to promote economic prosperity? check all that apply. encourage transmis
    12·2 answers
  • What problem will result from even slightly higher global temperatures?
    6·1 answer
  • Uniform Supply accepted a $4,800, 90-day, 10% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on
    13·1 answer
  • Different companies use different bases in computing the predetermined overhead rates. From the following estimated data, comput
    15·1 answer
  • During her annual review, Rhonda admitted to her supervisor that she is more productive in a quieter environment. The openness o
    10·1 answer
  • Formulate a linear programming model to find the best investment strategy for this client. (Assume N is the amount invested in t
    5·1 answer
  • Byeee haahhhahahahahahhaahahhaahahhaahahahahahahahhaha
    14·1 answer
  • Increases in the Gross National Product best indicate increasing economic ..... (1 point)
    8·1 answer
  • Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!