Answer:
1) Prompt Submission of invoice
2) Removal of unnecessary assets
3) Bargain for a longer payment period
Explanation:
Current ratio measures the capability of a business or organisation to meet up to its short-term obligations that are due within a period of one year.
Conditions in which a company can increase its current ratio at the end of their accounting period include:
A) Prompt invoice submission:
Invoice should be submitted early to the customers. The more your accounts receivables increase and the quicker money is derived from your sales,the better your current ratio be and you will have much more money.
B) Removal of unnecessary assets:
All business has unproductive assets. Resources that are just lying there and wasting,resources that is not earning anything. It is advisable to dispose them off since they are not adding to your income.
C) Bargain for longer payment period:
Try and negotiate for a longer payment periods with your vendors and ask if you can be given discounts.
Answer:
The correct answer would be, Knowledge Worker. Edgar can be considered a Knowledge Worker.
Explanation:
A knowledge worker is a person who is skilled in handling and using the information.
So because Edgar is a Chef in a restaurant and he is also the kitchen manager, It shows his expertise in both culinary and restaurant management fields. He is expert in Cooking as a chef, and is well skilled in managing the kitchen as well. He is technically equipped with management skills in restaurant field. So Edgar is considered a Knowledge Worker.
Answer:
commingling
Explanation:
Commingling is defined as the mixing of the money of broker money with the money of the clients of the broker.
Here in the question it is stated that the money received (i.e the money of the client ) is deposited by the real estate broker in his account.
Now by depositing the money in his bank account he actually mixes the money of the client with his money which is already present in his bank account
Answer:
$17,900
Explanation:
= ($153,000-$5,900-(3070*45))*2
= ($153,000 - $5,900 - $138,150)*2
= ($8,950)*2
= $17,900 - increase in paid-in capital in excess of par
NB - When a company issues bonds, it incurs a long-term liability on which periodic interest payments must be made, usually twice a year.
