1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AlekseyPX
3 years ago
9

Accounts receivable $29,500

Business
1 answer:
Alecsey [184]3 years ago
6 0

Answer:

Company's current ratio is 2.4

Explanation:

Current ratio = Current assets / Current liability

Current ratio = 46,880/19,500

Current ratio = 2.404 =2.4

<u>WORKINGS</u>

Current assets:

Account Receivable= 29,500

Office supplies 4,800 (Assuming they are stocks of supplies)

Prepaid insurance 4,680

Cash 7,900

Total current assets=46,880

Current liabilities

Account Payable 13,500

Unearned services revenue 6,000

Total current liability= 19,500

You might be interested in
The physical flow reconciliation is a report that:
Diano4ka-milaya [45]

Answer: The correct answer is "A. reconciles the physical units started in a period with the physical units completed in that period.".

Explanation: The physical flow reconciliation: reconciles the physical units started in a period with the physical units completed in that period.

Through this process it is possible to control, how many units are started in a period and how many are finished in that period.

5 0
3 years ago
Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process
Zinaida [17]

Answer:

$165,000

Explanation:

The first step is to calculate the work in process inventory

= 50,000/40/100

= 50,000/0.4

= 125,000

Therefore the total manufacturing cost can be calculated as follows

= 240,000-125,000+50,000

= 115,000+50,000

= 165,000

Hence the total manufacturing costs is $165,000

8 0
3 years ago
Goods sold On cash Rs 5000 make journal entries<br>​
maks197457 [2]

Answer:

and id

Explanation:

you are very nice

6 0
3 years ago
In the context of the skills that good managers should possess, which of the following statements is true of managers with a mot
Svet_ta [14]

Answer:

b

Explanation:

bcoz they want to motivate the employees to

6 0
3 years ago
Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the
Oxana [17]

Answer:

communicating with persons outside of the organization

drafting, laying out, and specifying technical devices, parts, and equipment

making decisions and solving problems

thinking creatively

4 0
3 years ago
Read 2 more answers
Other questions:
  • An individual investor who wishes to borrow money to buy stocks must open a A) signature account. B) margin account. C) joint ac
    15·1 answer
  • The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w
    15·1 answer
  • I'm lonely i need a bf
    15·2 answers
  • A machine cost $1,200,000, has annual depreciation of $200,000, and has accumulated depreciation of $950,000 on December 31, 202
    9·1 answer
  • 7. Which situation indicates a mixed economy?
    6·1 answer
  • If national unemployment is at 15% the government should adopt ___ fiscal policy.
    5·1 answer
  • What is the minimum number of integers that you must pick between 0 and 9 (inclusive), such that two of them add up to 9?
    11·1 answer
  • The carrying value of bonds at maturity always equals: Multiple Choice the amount of discount or premium. the amount of cash ori
    10·1 answer
  • Friedrich hayek advocated for the concepts of laissez-faire economic thought and free markets. True or false?.
    5·1 answer
  • Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own;
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!