i believe it is A, you’re welcome!
The current ratio for Vito Co. with respect to the period under review is 1.5
<h3>What is current ratio?</h3>
The current ratio, also known as the working capital ratio, measures the capability of a business to be able to meet its short term financial obligations.
The Current Ratio formula is
= Current Assets / Current Liabilities
= $9,000 / $6,000
= 1.5
Therefore, the current ratio for Vito Co. with respect to the period under review is 1.5
Learn more about current ratio here: https://brainly.in/question/45000916
<span>Countries with fast-grouwing populations have a large pool of workers for businesses to tap. These countries will be looking for businesses to invest in their areas, employing people and letting them produce goods and services that will bring dollars into the local economies, strengthening them and allowing the countries to catch up with other nations.</span>
Answer:
The answer is C.
Explanation:
Statement of cash flow recognizes only cash transactions and does not reckon with non cash transaction.
Fine the purchase of the building cost $600,000 in total but for thr sake of cash flow statement, what goes in the only cash transaction of $400,000.
It is an outflow because money goes out from the firm to purchase the building.
And it is an investing activities because the building belongs to property, plant and equipment and it will give a future inflows
Answer:
c. $(143,000)
Explanation:
The Jinkerson Corporation is considering to discontinue the product U23N. The advantage or disadvantage Jinkerson Corporation will get after the discontinuation of product U23N will be ;
Saving in Fixed manufacturing expense = $144,000
The new fixed manufacturing expense = $234,000 - $144,000 = $90,000
The new fixed selling and administrative expense = $161,000 - $93,000 = 68,000.
The company overall net income will decrease by $143,000.
