Answer:
$131,000
Explanation:
The computation of the amount of quick assets is shown below:
Quick asset = Account Receivable + Cash + marketable securities
= $65,000 + $30,000 + $36,000
= $131,000
We simply added the account receivable, cash and the marketable securities so that the quick assets could come plus it contains more liquidity that converted into cash in a very short period of time and the rest of the items are ignored as there are not relevant
Answer:
Accounting rate of return is 10%
Explanation:
Given data
new machine = $48,000
sales = $16,000
time = 10 year
depreciation = $4,000 / year
factory overhead = $8,000 + depreciation $4,000
net income = $2400
tax rate = 40%
to find out
accounting rate of return for the machine
solution
we know that
Accounting rate of return = after tax net income / average investment
so here we know net income after tax = $2400
so we find investment first
Average investment = (Initial investment) / 2
Average investment = 48000 / 2 = $24000
so
Accounting rate of return = after tax net income / average investment
Accounting rate of return = 2400 / 24000 = 0.1 = 10%
Accounting rate of return is 10%
Answer:
Tremendous friend, I ask you and you only give 5 points, I can't help you
Explanation:
Answer:
Creating a Good Résumé
Dos
1. using underlined text to denote section headings
3. listing work experience chronologically
6. listing technical competencies
Don’ts
2. including marital status
4. using different bullet styles
5. making the résumé lengthy
Explanation:
A good resume is a document that gives a brief summary of a job applicant's personal and professional experiences, skills, and education history. It is used in addition to a cover letter to show off your best self to potential employers. Important sections of a good resume include contact information, summary or objective, work experience, and education history.
