Answer:
The answer is C.
Explanation:
Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.
This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal
The formula for current ratio is:
Current assets/current liabilities
Total current assets is $493,000, Total current liabilities is $357,000
= $493,000/$357,000
=1.38
Answer:
$2,000
Explanation:
Revenue is the income generated from normal business activities. This includes allowances, discounts and deductions for sales returned.
Since Boogie and Twenties modify the agreement to reduce the price of the remaining 300 pair of flapper shoes to $10 a pair, it means that revenue to be recognized from the date of the change will be recognized at a unit price of $10.
As such if Boogie delivers 200 pairs of shoes in September,
Revenue to be recognized in the Month of September
= 200 * $10
= $2,000
Answer:
D. Product Invention
Explanation:
KFC added many items in the menu list when they opened their restaurants at China. By doing this KFC tries to incorporate the local cuisine of Chinese foods into their menu.
In China, KFC invented a new dish and named it the "Dragon Twister". In this dish, it contains a chicken wrap with Peking duck sauce on it. It highly resembles the local food of China.
Thus KFC tries to promote and do marketing of its product in China by inventing new dishes which is similar to the local Chinese food and adding it to the menu list of KFC.
By this, Chinese people will be attracted towards KFC and will come to try their newly invented "Dragon Twister".
Thus, the answer is D. Product Invention.
Answer: The first step in developing research-based business reports is identifying what decision makers want to accomplish.
Explanation: The establishment of the objective to be achieved is fundamental because it is what will guide the development of the commercial report.
The present value of the investment is $5,658.29.
The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.
Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62
Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67
Sum of the discounted cash flows = $2,773.67 + $2,884.62 = $5,658.29
A similar question was solved here: brainly.com/question/9641711?referrer=searchResults