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Dima020 [189]
4 years ago
8

The Stewart Company has $1,695,500 in current assets and $678,200 in current liabilities. Its initial inventory level is $423,87

5, and it will raise funds as additional notes payable and use them to increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0? Round your answer to the nearest cent.
Business
1 answer:
ANEK [815]4 years ago
8 0
Did you check on chegg alread
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brilliants [131]

Answer:

<em>BUSINESS SOLUTIONS </em>

Retained or Accrued Earnings Statement

For Three Months Coincided On December 31, 2017

Retained earnings, October 1, 2017 $—

<em>Contribute:</em> Net earnings $22,425 with $22,425

<em>Fewer:</em> Allowance $(7,800)

Retained earnings, December 31, 2017

<em>= $14,625</em>

8 0
3 years ago
Modern companies tend to deal with many different suppliers in order to avoid problems that can arise when one supplier is unabl
Romashka-Z-Leto [24]
The answer to the question is false.
6 0
3 years ago
The critical incident method is a case in which a supervisor notes an unusual event that denotes superior or inferior employee p
iren [92.7K]

Answer:True

Explanation:

The critical incident method is a case in which a supervisor notes an unusual event that denotes superior or inferior employee performance in some part of their job and when completing the evaluation form, the supervisor refers to the critical incident and uses the information to substantiate an employee's rating.

3 0
3 years ago
An occupation as a Loan Officer would be in which career pathway of Finance?
IRISSAK [1]
Most loan officers need a bachelor’s degree and receive on-the-job training. Mortgage loan officers must be licensed. Loan officers typically need a bachelor’s degree, usually in a field such as business or finance. Because commercial loan officers analyze the finances of businesses applying for credit, they need to understand general business accounting, including how to read financial statements.  

Some loan officers may be able to enter the occupation without a bachelor’s degree if they have related work experience, such as experience in sales, customer service, or banking. 

5 0
4 years ago
An ipo is issued in the primary market which is smaller than the secondary market for equities. true /false
WITCHER [35]

The statement is True. An IPO is issued in the primary market which is smaller than the secondary market for equities.

In finance, fairness is the possession of belongings that could have debts or other liabilities connected to them. Equity is measured for accounting functions by subtracting liabilities from the price of the belongings.

Fairness is the amount of capital invested or owned with the aid of the owner of an agency. The fairness is evaluated through the difference between liabilities and assets recorded on the balance sheet of an organization. The worthiness of fairness is primarily based on the prevailing proportion fee or a cost regulated by the valuation experts or investors.

In end, stocks are known as equities because they represent possession in organizations. They let buyers gain from growth however additionally have danger when enterprise situations weaken.

Learn more about  equities here brainly.com/question/25847981

#SPJ4

4 0
2 years ago
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