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3 years ago

The quick ratio of a firm with current assets of $300,000, current liabilities of $100,000 and inventory of $100,000 is

Business

1 answer:

butalik [34]3 years ago

7 0

Answer:

2:1

Explanation:

A firm has a current assets of $300,000

A current liabilities of $100,000

An inventory of $100,000

The quick ratio of the firm can be calculated as follows

Quick ratio= Current assets-inventory/Current liabilities

= $300,000-$100,000/$100,000

= $200,000/$100,000

= 2:1

Hence the quick ratio of the firm is 2:1

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At December 31, 2020, Wildhorse Company has outstanding three long-term debt issues. The first is a $1,810,000 note payable whic

grandymaker [24]

Answer and Explanation:

The Preparation of note disclosure for the long-term debt is shown below:-

Note disclosure for the long-term debt

At the year end 31, December 2020

Year Amount Working note

2021 0

2022 $2,752,000 From annual sinking fund payment

2023 $4,562,000 ($1,810,000 annual sinking fund payment + $2,752,000 note payable maturity)

2024 $7,582,000 ($4,830,000 annual sinking fund payment + $2,752,000 bond maturity)

2025 $2,752,000 From annual sinking fund payment

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3 years ago

On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12

AysviL [449]

Answer:

Find attached complete part of the question.

The unrealized gains is $3500

Explanation:

Y stock has been disposed and its gains or losses are now realized, and it is not applicable to our computation now.

Unrealized gains or losses is the difference between purchase price of a stock and its current market price

Stock X=($43-$40)*1500=$4500 gains

Stock Z=($21-$22)*1000=-$1000 losses

So unrealized gains overall =$4500-$1000

unrealized gains =$3500

Note that the price of stock X has risen to $43 from initial $40 while that of company Z has fallen to$21 from the initial $22.

Download xlsx

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3 years ago

If a firm has a limited capital budget and too many good capital projects to fund them all, it is said to be facing the problem

nexus9112 [7]

Answer:

"Capital rationing" would be the appropriate answer.

Explanation:

Capital rationing is a systematic process for allocating remaining cash through various alternative investments, thus growing the bottom line of a financial institution.
It consists of calculating profitability economic indicators across all projects as well as choosing the best ventures which result in the highest present value especially when associated.

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3 years ago

A. How much would you pay for a Treasury bill that matures in 182 days and pays $10,000 if you require a 1.8% discount rate?

Sonja [21]

Answer: $9909

Explanation:

Let the amount that will be paid be represented by y. The question can now be solved as:

(10000 - y)/10000 × 360/182 = 0.018

(10000-y)/10000 = 0.018 × 182/360

(10000 - y)/10000 = 0.0091

10000-y = 0.0091 × 10000

10000 - y = 91

y = 10000 - 91

y = $9909

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3 years ago

Roberta is trying to decide whether to vote for a political candidate. based on what she has read about him, she has concluded t

slega [8]

The appropriate response is Affective. This part manages sentiments or feelings that are conveyed to the surface about something, for example, dread or despise. Utilizing our above illustration, somebody may have the disposition that they despise young people since they are languid or that they cherish all infants since they are adorable.

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3 years ago