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3 years ago

What is the Current Ratio given the following information?

Business

2 answers:

azamat3 years ago

8 0

Answer:

The correct option is B that is 0.45

Explanation:

Computing the Current Ratio with the formula which is as:

Current Ratio (CR) = Current Assets (CA) / Current Liabilities (CL)

where

Current Ratio (CA) is $477.50

Current Liabilities (CL) is $1075

Putting the values in the above formula of Current Ratio (CR):

= $477.50 / $1075

= 0.444 or 0.45

Note 1: Inventory will not be included while computing the current ratio, as it is already been added in the current assets. Therefore, there is no need of adding it twice in the Assets.

Note 2: This is the correct formula for computing the current ratio and I computed the same with the given information, so it 0.45 is the correct answer.

nadezda [96]3 years ago

7 0

Answer:

0.70

Explanation:

I just took this test and 0.45 was wrong. It's 0.70

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4 years ago

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2 years ago

When planning for college you should consider everfi answers?

alekssr [168]

A student should visit college, consult with the college adviser and join the school clubs before joining a college.

Further Explanation:

Planning for college:

Following steps should be considered while planning for college:

Visiting college during the junior year: When planning for college admission, the student should visit the college in the junior year to know the culture of the college, environment, and activities carried out in the college. It would help the student to take the admission decision.

Speaking with the school’s college adviser: The student should consult with his/her teachers about the college selection. Teachers or college advisers have knowledge and experience about the colleges. Therefore, they would provide expert advice to the student about the college selection.

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Thus, a student should visit college, consult with the college advisor, and join the school clubs before joining a college.

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2. Learn more about the type of behavior

brainly.com/question/1193707

3. Learn more about the resume writing

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Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Decision making

Keywords: When, planning, for, college, you, should consider, everfi, answers, school, joining, admission, selection, decision making, process.

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3 years ago

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4 years ago