A. True
Btw that's a picture of me.
The answer is c, the type of renter Insurance must buy
Given:
Cash = $316
Accounts receivable = $687
Accounts payable = $709 (Liabilities)
Inventory = $2,108 (Assets)
Total assets = Cash + Receivables
= 316 + 687 = $1,003
Liabilities = $709
By definition, the quick ratio is
QR = (Assets - Inventory) / Liabilities
= (1003 - 2108)/709
= -1.5585
This means that the gift barn is over-leveraged and struggling to grow.
Answer: -1.56
A. True. You never know what the smallest detail may have.
Answer: By linking his website to other popular websites.
Hope this helps you.
