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loris [4]
4 years ago
8

Vulture Sporting Goods reported the following data at March 31, 2010, with amounts adapted in thousands:

Business
1 answer:
Ilya [14]4 years ago
3 0

Answer:

1. 1.35

2. 0.62

Explanation:

1. Current ratio is Total current assets / Total current liabilities

= $71,700 / $53,000

= 1.35

2. Debt ratio is Total liabilities / Total assets

= $65,500 / $105,700

= 0.62

The above ratios are neither weak nor strong. They are middle-of-the-road values.

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Sharon joined a team that was responsible for boosting sales on last year's electronic models. The team began in January and was
Natalija [7]

Answer:

A. Punctuated equilibrium

Reason:

Definition is a sequence of team development during which not much gets done until the halfway point of a project, after which teams make necessary changes to complete the project on time.

3 0
3 years ago
Why is investing important in an economy?
zheka24 [161]

Investing is important to make the cash flow of the economy.

Explanation:

The most vital component of a growing economy is the cash flow.

If the cash is not flowing from one business and one hand to another the economy is bogged down and then a slowdown occurs all across with a ripple effect.

Investments constantly bring capital in for the companies that are then able to spend that investment and to bring more and more money into the cash flow of the economy thus strengthening the circulation and creating growth.

This growth is what ultimately results in the growth of the whole economy.

8 0
4 years ago
How do i change the tracks on friday nights funkin, fnf, online game?
saveliy_v [14]

Answer:

you need to click on the tracks button and then you can switch from there

Explanation:

4 0
3 years ago
Read 2 more answers
The purchasing manager, Eve, reports the following information regarding inventory for the the month of March: Beginning invento
adell [148]

Answer:

$490

Explanation:

For computing the amount of shrinkage first we have to find out the ending inventory which is shown below:

= Beginning Inventory + Purchases - Inventory Sold

= $12,000 + $38,000 - $35,210

= $14,790

Now

Actual Ending Inventory = $14,300

So,

Shrinkage amount is = Ending Inventory as per Book Value – Actual Ending Inventory

= $14,790 - $14,300

= $490

5 0
3 years ago
When purchases of merchandise are made for cash, the transaction may be recorded with the following entry *
Zepler [3.9K]

Answer:

Dr Merchandise Inventory Cr Cash

Explanation:

Based on the information given in a situation where purchases of merchandise are made for cash the transaction will be recorded in the journal entry by debiting Merchandise Inventory and Crediting Cash reason been that MERCHANDISE are current asset and Secondly merchandise are anticipated to be either sold out, used or turn them into cash within a period of one year, although it sometimes depends on the method of payment in which the merchandise was been paid for , which is why we have to Debit Merchandise Inventory Account and Credit Cash Account.

Hence:

Journal entry

Dr Merchandise Inventory

Cr Cash

3 0
3 years ago
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