<u>Answer:</u>
Liquidity ratios measure (C) the extent of a firm's financing with debt relative to entity.
<u>Explanation:</u>
Liquidity ratio is used in determining a company's ability to pay off all the current debts without taking or raising any external capital. It measures the company's ability whether the company is able to pay their debts or not through the calculation of "CURRENT RATIO" (It tells the investors how they can maximize the assets to satisfy their current debts), "QUICK RATIO" (It shows the company's ability to use it cash/assets and pay off its current debts. It is also known as acid test ratio) and "OPERATING CASH FLOW RATIO" (this helps in measuring how much the current debts can be paid off by the cash flow which is generated by the company's operation).
Answer:
40%
Explanation:,
In order to find the percent of Jay’s total revenue that was contributed by off site catering, you have to divide $20,000 by $50,000 to get the weight of off site catering revenue in the Jay's total revenue and multiply for 100 to get the percentage:
($20,000/$50,000)*100= 40%
A licensor grants intangible property rights to the licensee such as the copyright
<h3>Copy Right</h3>
Copyright is a type of intellectual that shows that an individual as a legal right over an intangible property such as music, poem. other types of property right are :
Learn more about Copy Right here:
brainly.com/question/1410153
Answer:
The necessary adjusting entry would include a credit to the allowance account for $40080
Explanation:
Marigold Corp.'s Account Balances
At December 31, 2020
Accounts Receivable $917000 Debit
Allowance for Doubtful Accounts $1920 credit
Bad Debts $42000
Unadjusted Balance of Uncollectibles $ 1920
<u>Estimated Balances $ 42000</u>
<u>Required Adjustment $ 40080</u>
<u />
The data tells that the Allowance for Doubtful Accounts has a credit balance of $1920 the required adjustment to the allowance for doubtful accounts is $ 40080. The required entry is
Bad debts Expense 40,080 Dr.
Allowance for Doubtful Accounts $40,080 credit
Answer:
a. From a political perspective, Ricoh should be aware of regulations from ITAC (Information Technology Association of Canada) who is actively promoting and supporting the expansion of the IT services industry in Canada as this move will likely impact Ricoh in many ways. - Yes
b. From an economic perspective, Canada enjoys a strong economy with a strong GDP growth. - Yes
c. Low oil prices are causing turmoil in business investment in western Canada, leading to a negative impact for the economic component of the macro-environment. - Yes
d. A weak Canadian dollar makes the cost of importing more expensive. - No
Explanation:
- The macroeconomic conditions that impact the business in terms of the economic growth rate. The use of GNP and GDP to measure the growth. The macroeconomic phenomenon estates the patterns and conditions from the large aspects of the economy.
