The current ratio is 1.5.
<h3>What is the current ratio?</h3>
Current ratio is a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations.
Current ratio is the ratio of current assets to current liabilities. Current assets are assets that would be used up in a year. Current liabilities are debt obligations that would be settled within a year. Current liabilities excludes long-term debt.
The higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations.
Current ratio = current asset /current liability
= 600 / (1500 - 1100)
= 600 / 400
= 1.5
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Answer:
The correct answer is letter "A": a corporation by estoppel.
Explanation:
A corporation by estoppel refers to individuals or organizations contracting and dealing with an entity as if they were corporations when legally they are not. The term is also used when in court cases when the defendant alleges to have formed a defective corporation to avoid liabilities.
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Researchers collect, organize, examine, and interpret information and evaluations to discover problems, and clear up issues, and expected trends. maximum researchers degree in public opinion. Social technology researchers gauge the public's opinion concerning social problems, offerings, political campaigns, parties, and personalities.
Research is described as cautious consideration of taking a look at regarding a selected difficulty or problem with the use of medical strategies. consistent with the American sociologist Earl Robert Babbie, “studies is a systematic inquiry to describe, explain, are expecting, and manage the determined phenomenon. research is careful and prepared to take a look at or gathering of facts about a specific subject matter. An example of studies is a challenge wherein scientists try to discover a cure for AIDS. An example of research is the facts an excessive college student tracks down facts for a college file.
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Answer:
D. The price per unit changes as volume changes.
Explanation:
According to the assumption of cost-volume-profit (CVP) analysis, the fixed cost will remain constant. It will never be changed. Because of the change in volume, the total cost would get affected that means the total cost amount is changed as compare before. As the volume changes, the price per unit is also the same.
So, the appropriate option is d. As the sales volume changes with the change in volume and the same are applied for variable cost.