Answer:
Koski Inc.
Quick Ratio:
Quick Ratio = (Current Assets - Inventory) divided by Current Liabilities
Quick Ratio = $(23,595 - 12,480) / $(17,160 -5,460)
Quick Ratio = 11,115 / 11,700 = 0.95
Explanation:
The quick ratio is a financial metric that shows the short-term liquidity position of a company. It measures the company's ability to settle its short-term obligations using its most liquid current assets. The most liquid assets are cash and near cash current assets.
Inventory is always removed in calculating the most liquid current assets. Inventory will take some time before it can be converted to cash or near cash, given the cash conversion cycle.
The quick ratio is also called the acid-test ratio. It is also considered as more conservative than the current ratio which measures the coverage of current liabilities by all current assets, including inventory.
In our workings, we eliminated inventory from current assets. We also eliminated notes payable which would be rolled over the next year.
Answer:
The minimum deposit will be of 3,081 and after 40 year it will get 1,000,000 dollars
Explanation:
We have to solve for the C of an annuity growing
g 0.05
r 0.06
C 3,081
n 40
Answer:
An increase in taxes.
Explanation:
A rise in the prices is indications that the inflation rate is high. Policymakers should intervene by introducing contractionary measures that will counter the rising inflation. Fiscal policy measures, such as increasing taxes, reduce inflationary pressures without the risk of causing a recession.
Increase taxes reduces the purchasing power of businesses and individuals, thereby reducing the aggregate demand. A reduction in aggregated demand lowers production levels, which results in low inflation but increases the unemployment rate.
