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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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Take it and go don't wast my time
BartSMP [9]

Answer:

thanks man

Explanation:

7 0
2 years ago
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Assume that a 6 percent $500,000 bond with semiannual interest payments and a remaining life of 10 years could be purchased toda
Lesechka [4]

Answer:

I will pay $559,864 for this bond

Explanation:

Coupon payment = $500,000 x 6% = $30,000 annually  = $15,000 semiannually

Number of periods = 10 years x 2 = 20 period

Interest Rate = 4.5%  = 2.25% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$15,000 x [ ( 1 - ( 1 + 2.25% )^-20 ) / 2.25% ] + [ $1,000 / ( 1 + 2.25% )^20 ]

Price of the Bond = $15,000 x [ ( 1 - ( 1.0225 )^-20 ) / 0.0225 ] + [ $500,000 / ( 1.0225 )^20 ]

Price of the Bond = $239,455.68 + $320,408.24 = $559,863.92

Price of the Bond = $559,864

4 0
3 years ago
Read 2 more answers
If Nintendo lowers the price of its product by $10, Sony responds by lowering the price of its own product by $10. The following
yuradex [85]

Answer:fg yvhjbnkhnb vgfffff

Explanation:

4 0
2 years ago
I'MABigCorp. produces and sells kitchen wares. Last year, it produced 7,000 can openers and sold each one for $6. To produce the
SashulF [63]

Answer:

The average fixed cost to produce 7,000 can openers was <u>$17,000</u>

Explanation:

The fixed cost are those who don't change based on the production levels, while the variable costs depends on the production.

If we add variables cost with fixed cot we will get the total cost.

Variable cost + Fixed Cost = Total cost

Then for knowing the fixed cost we should substract to the total cost the variable cost

Fixed Cost = Total Cost - Variable Cost     <em>Now replace the values </em>

Fixed Cost = $45,000 - 28,000

Fixed Cost = $ 17,000

The average fixed cost to produce 7,000 can openers was <u>$17,000</u>

6 0
3 years ago
To determine the true cash balance Multiple Choice a. add bank collections of depositors’ accounts receivable to the unadjusted
tensa zangetsu [6.8K]

Answer: d. All of the answers describe adjustments that must be made to the unadjusted book balance in order to determine the true cash balance.

Explanation:

Options A to C all need to be done to ascertain the True cash balance.

The bank collections from accounts needs to be added to reflect that money was received.

Bank charges need to be subtracted to reflect that the Bank has taken away some money for their administrative roles.

Interest earned from the bank as an income needs to reflect as well.

6 0
3 years ago
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