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3 years ago

You are evaluating the balance sheet for PattyCake’s Corporation. From the balance sheet you find the following balances:

Business

1 answer:

goldenfox [79]3 years ago

5 0

Answer:

Explanation:

Current Assets are those asset which will be liquidated within next one year.

cash and marketable securities $360,000

accounts receivable $1,280,000

inventory $2,180,000

Total Current Assets $3,820,000

Current Liabilities are those which is payable within next one year.

accrued wages and taxes $540,000

accounts payable $840,000

notes payable $680,000

Total Current Liabilities $2,060,000

Current ratio measures the capability of a business to pay the current liabilities if it becomes due.

Current Ratio = Current Assets / Current Liabilities = $3,820,000 / $2,060,000 = 1.85 times

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Mergers and acquisitions commonly introduce __________ risk, which may change how an organization operates.

Debora [2.8K]

Mergers and acquisitions commonly introduce financial risks that can change how the firm operates.

The main danger is financial; if mergers and acquisitions aren't done right, they can leave businesses with a heavy monetary load. Many mergers that go wrong involve excessive financial commitments that condemn the partnership to failure from the outset.

Risk management is necessary during the whole merger and acquisition process. Management of Merger & Acquisition risk; see due diligence. It's likely that you haven't properly undertaken Merger & acquisition risk management if any of the risks outlined in the preceding sentence are not on the due diligence agenda.

Although this is simply one aspect of due diligence, there is a tendency to think of it as an audit of the target organization. Your due diligence procedure is your Merger & acquisition risk management, in a larger sense.

To learn more about Merger & Acquisition

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2 years ago

A candidate may apply to multiple jobs at the company Universal Containers by submtting a single application per job posting. On

ella [17]

Answer:

The administrator can create a master-detail relationship in the Application to the Job Postings.

Explanation:

A master-detail relationship is similar to a parent-child relationship where the master is the parent and the detail is the child and the master controls the behavior of the detail.

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3 years ago

A firm that must invest in new information systems capabilities in order to comply with federal legislation is investing to achi

Juliette [100K]

Answer:

A) Survival

Explanation:

Survival is a term business objective where businesses strive to continue to exist. As seen in this scenario, businesses will try to comply with regulations and rules in order to survive. Otherwise they could be discontinued because of non-compliance. This demonstrates the survival business objective.

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3 years ago

Highland Clothing purchased land, paying $ 92 comma 000 cash and signing a $ 300 comma 000 note payable. In addition, Highland

Tpy6a [65]

Answer:

The Journal entry is as follows:

Land A/c Dr. $400,850

To Cash A/c $100,850

To Notes payable $300,000

(To record purchase of land with cash and notes payable)

Workings:

Purchase price of land = $392,000

Total cost of land:

= Purchase price of land + Property taxes + Title insurance + Removal of building

= $392,000 + $2,100 + $950 + $5,800

= $400,850

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3 years ago

The _________________ is the buying and selling of Treasury securities to influence the nation’s money supply..

Lynna [10]

Answer:

open market operation

Explanation:

The Federal Reserve purchases and sells treasury securities on the open market in order to regulate the supply of money that is on deposit in banks, and therefore available to loan out to businesses and consumers. It purchases Treasury securities to increase the supply of money and sells them to reduce the supply of money

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3 years ago