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balandron [24]
3 years ago
15

How do you determine the acid-test ratio? The sum of cash and short-term investments divided by short-term debt. Current assets

divided by current liabilities. Current assets divided by short-term debt. The sum of cash, short-term investments and net receivables divided by current liabilities
Business
1 answer:
Alex Ar [27]3 years ago
3 0

Answer: The sum of cash, short-term investments and net receivables divided by current liabilities

Explanation: The acid test ratio, also known as the quick ratio, is a liquidity ratio that is used to determine the ability of a company to pay its current liabilities if it rises immediately. It is considered to be more stringent ratio than the current ratio.

It is concluded by dividing those current assets that can be converted into cash immediately with the current liabilities of the company.

Therefore, from the above we can conclude that the correct statement is D.

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Lantz Company has provided the following information: • Cash sales totaled $255,000. • Credit sales totaled $479,000. • Cash col
NNADVOKAT [17]

Answer:

The amount of Lantz's operating revenue is $734,000

Explanation:

The computation of the operating revenue is shown below:

= Total cash sales + Total credit sales

= $255,000 + $479,000

= $734,000

Since we have to compute the operating revenue, so we considered only revenue part not expenses part

The other information which is mentioned in the question is not being considered because it is related to the operating expenses. So, ignored it.

3 0
2 years ago
What is a hold?
Jlenok [28]

Answer:

The hold is that the $100 won't go in.

Explanation:

4 0
3 years ago
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The illegal and unethical practice of providing old (or early) investors above-average returns on their investment with funds ra
Arada [10]

Answer:

Ponzi scheme

Explanation:

Ponzi scheme is a fraud investment strategy that promises to pay a substantial sum of returns. In a Ponzi scheme, generate income for the old investor by using the money of the newest investor and this chain goes on. This is basically a fraudulent scam or investment strategy to get a significant amount of money. Ponzi scheme is similar to pyramid strategy both are based on using new investor’s fund.

6 0
3 years ago
Market value per share is:
vesna_86 [32]

Answer:

The answer is a. Market value per share is the price at which a stock is bought and sold.

Explanation:

For shares that are listed in the stock exchange, the market value per share is the price of share at which share is currently traded. In other words, this is the fair value of the share and at this price, share can be readily sold or bought.

(b) is not correct because it describes the commitment (usually made by an investment bank) to purchase newly issued shares at predetermined price when those shares are not purchased by other investors in the market.

(c) describes a type of stock rather than the definition of market value per share.

(d) describes Preemptive right rather than the definition of market value per share.

6 0
3 years ago
a a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping dem
Leya [2.2K]

It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

<h3>What is competitive market?</h3>

A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.

Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

Learn more on competitive market below

brainly.com/question/25717627

#SPJ11

5 0
2 years ago
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