Answer:
$149,800
Explanation:
- 25% will be received the same month = 140000*0.25 = 35000.
- 65% will be received the following month = 160000*0.65 = 104000.
- 9% will be received the second month after = 120000*0.09 = 10800.
Hence total receipt will be = 35000+104000+10800 = 149800.
Hope this helps.
Good Luck.
Answer:
Current ratio for 2022: 0.311
Current ratio for 2021: 0.231
Explanation:
The current ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due. The current ratio is calculated by the following formula:
Current Ratio = Total Current Assets/Total Current Liabilities
In Bob Evans Farms:
Current ratio for 2022 = $80,200/$257,500 = 0.311
Current ratio for 2021 = $71,809/$311,100 = 0.231
<span>Selling stocks is not a way for the government to prevent a budget deficit. This would help a company or a bank, but it would do nothing to help a legislating body. Raising taxes or lowering spending levels can assist with closing up a spending gap, but the sale of stocks would not be of use.</span>
Answer:
Yes you can of course you can
Answer:
During the current year, the following manufacturing activity took place for a company's products. The beginning work–in–process, 70% complete, was comprised of 10,000 units. Units started into production during the year totaled 150,000 units. A total of 140,000 units were completed during the year. The ending work–in–process, 25% complete, was comprised of 20,000 units. What was the number of equivalent units using the first–in, first–out method?
