Answer:
True
Explanation:
Current Ratio: The current ratio shows a relationship between the current assets and the current liabilities. The formula is shown below:
Current ratio = (Total Current assets ÷ total current liabilities
)
Quick Ratio: The quick ratio shows a relationship between the quick assets and the current liabilities. The formula is shown below:
Current ratio = (Quick assets ÷ total current liabilities)
where,
Quick assets = Current assets - inventories - prepaid insurance
So, the given statement is true
The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.
<span>The advantage of using BARS method </span>is not requiring separate appraisal forms for different jobs. Behaviorally Anchored Rating Scale is collating the qualitative and quantitative data to give further explanation on a certain individual's rating and the corresponding behavior towards that rating.
<span>The point of the long-run aggregate supply curve.
I hope this helps!
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Answer:
Find in the excel file attached detailed adjusting entries required for all transactions in the question.
Explanation:
Please note the analysis of each transaction done under the heading "particulars".