Answer:
c. The management of Ace should consider the effect of slow moving inventory on its liquidity.
Explanation:
Liquidity is an important measure of a company's financial health, its calculation determines how well the company can pay off your short-term debts. Inventory has a great impact on liquidity and it depends on how easily the company can sell it. As ACE is having trouble selling its products, it means that it takes a long time to sell its inventory, which does not help its liquidity since its inventory can not be easily be transformed into cash without losing its value, and that's why this company management must consider moving inventory on its liquidity, in order to increase its current ratio, that means its ability to pay current, or short-term, liabilities (debt and payables) with its current, or short-term, assets (cash, inventory, and receivables).
If this company
Answer:
A. Stop payment on the first check; then write a second one.
Explanation:
There are certain rules and procedures in banking system. If any check written is lost, then firstly the check shall be made invalid the one which is lost.
To make it invalid, stop payment can be done. Stop payment basically converts the check into a mere paper, with no validation, even if such check is presented no payment is made against it.
Further by issuing check you create a liability that you owe some money as against the party in consideration on check.
Therefore, after stop payment a new check shall be issued.
Answer:
The market price of an unrestricted share of the same stock.
Explanation:
Restricted stock units (RSU) are defined as a type of compensation in shares that an employer will give to an employee.
Usually certain conditions or performance should be met before the employee gets this benefit. For example staying with the company for a number of years.
A vesting plan of distribution schedule is used to allocate the shares.
The value of the compensation will be the number of shares given by the RSU multiplied by the market value of unrestricted share of the same stock.
For example if an employee has RSU of 1,000 shares, and share value is $10
Value of RSU compensation = 1,000 * 10 = $10,000
Answer:
The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.
Explanation:
