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3 years ago

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

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Moral hazard is a situation when a. contract terms attract parties that have a higher preference for risk b. contract terms ince

monitta

Answer:

contract terms incentivize one party to take on more risk because they don't carry the full cost of the risk

Explanation:

A moral hazard can be understood as the concept that a participant that is sheltered from danger in some manner will behave significantly than if they were not.

Every day, we see moral hazard in the form of established academics who remain apathetic presenters, individuals who have burglary insurance who are less attentive about where they parked, compensated workers who take long vacations, and etc.

Thus, from the above we can conclude that the correct option is C.

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3 years ago

A company that is unwilling to give up control of the business is in need of additional capital. Would issuing additional stock

svetlana [45]

Answer:

Issuing bonds will be the better option for this company. Mainly because they do not like to give up the control of the company or to change its equity structure.

When the bonds are issued, the company gets the money from the investors and has to pay an agreed amount of interest periodically until maturity of the bond, where the company will have to pay the face value of the bonds.

Explanation:

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3 years ago

provides the following data: 20X920X8 Cash$41,000 $25,000 Accounts Receivable, Net102,000 62,000 Merchandise Inventory72,000 50,

Lelechka [254]

Answer:

63.09%

Explanation:

Note <em>Missing question is attached as picture below</em>

Average total assets = (Opening total assets+Closing total assets)/2

Average total assets = ($396,000 + $257,000) / 2

Average total assets = $653,000 / 2

Average total assets = $326,500

Return on total assets = (Net income + Interest expense)/Average total assets

Return on total assets = ($181,000 + $25,000) / $326,500

Return on total assets = $206,000 / $326,500

Return on total assets = 0.6309342

Return on total assets = 63.09%

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3 years ago

Jackson Company purchased office equipment costing $3,000 for his business and paid immediately. Record this transaction in the

Alexeev081 [22]

Answer:

Explanation:

The accounting equation is shown below:

Total assets = Total liabilities + Shareholder's equity

In the given transaction, the office equipment was purchased for $3,000 and it is paid immediately which means the balance of office equipment is increased and the cash balance is decreased.

It gives a positive impact on office equipment under fixed assets and a negative impact on the cash balance under the current assets.

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4 years ago

Next year baldwin plans to include an additional performance bonus of 0. 5% in its compensation plan. This incentive will be pro

galben [10]

Baldwin will pay (D) $29.63 to its employees per hour.

<h3>What is a bonus?</h3>

Employees typically receive a bonus payment in addition to their base compensation as part of their wages or salary.
While the base compensation is often a predetermined amount per month, incentive payouts may change based on established factors such as annual turnover, the net number of additional customers recruited, or the current value of a public company's shares.
Thus, bonus payments can work as incentives for managers, engaging their attention and personal interest in what is perceived as beneficial to the economic performance of their companies.

Consider the following calculations to determine how much Baldwin pays its employees:

Total raise = 5% + 0.25% = 5.25%
Present wages = $28.15
Baldwin will pay = $28.15 × (1.0525) = $29.63

Therefore, Baldwin will pay (D) $29.63 to its employees per hour.

Know more about a compensation plan here:

brainly.com/question/25438234

#SPJ4

The complete question is given below:

Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?

Select: 1

(A) $28.22

(B) $31.04

(D) $29.63

8 0

2 years ago