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3 years ago

Colorado Corporation's financial statements include the following information:

Business

1 answer:

timofeeve [1]3 years ago

8 0

Answer:

2.5 times

Explanation:

The computation of the current ratio is shown below:

As we know that

Current ratio = Total Current assets ÷ total current liabilities

So by applying the formula, the current ratio is

= $163,500 ÷ $65,400

= 2.5 times

It shows a relationship between the current assets and the current liabilities plus it always expressed in times form

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concord corporation purchased a new machine on may 1, 2012 for $559200. at the time of acquisition, the machine was estimated to

Gre4nikov [31]

Answer:

$17,160

Explanation:

According to the scenario, computation of the given data are as follows,

Purchase price = $559,200

Useful life = 10 years or 120 months

Salvage value = $26,400

Total time in months(May1,2012 - Mar1,2021) = 106 months

So, depreciation cost = ($559,200 - $26,400) ÷ 120 = $4,440 per month

So, total depreciation cost for 106 months = $4,440 × 106 = $470,640

Book value = Purchase price - depreciation

= $559,200 - $470,640

= $88,560

Hence, Loss = Book value - sold value

= $88,560 - $71,400

= $17,160

5 0

3 years ago

Company Z has sales of $3,000,000, net income of $600,000, total assets of $1,000,000 and 800,000 shares of common stock outstan

Marizza181 [45]

Answer:

Price per share = $18.75

Explanation:

The P/E ratio is the measure of how much the investor's are willing to pay for every $1 earnings of the stock. The p/e ratio is calculated by dividing the price per share of the stock by the earnings per share. The formula for p/e ratio is as follows,

P/E ratio = Price per share / Earnings per share

Earnings per share = Net Income / Number of Common stock outstanding

Earnings per share = 600000 / 800000 = 0.75 per share

25 = Price per share / 0.75

25 * 0.75 = Price per share

Price per share = $18.75

3 0

2 years ago

Ella had been using an imported brand of shampoo for several years, but she could no longer find it anywhere. As she was conside

uysha [10]

Answer:The new ads suggest that Head & Shoulders has been

rebranded -True

Explanation:Definition: Rebranding is a marketing strategy which involves giving a brand or product or company a facelift by changing the corporate image of the particular object by giving it a new name, symbol, or change in design especially for an already-established brand. This helps to create a different face for a brand or product from its competitors or from imitations in the market.

Here, procter and Gamber rebranded it's head and shoulders to give it a facelift thereby attracting it's already existing customers and intending purchasers.

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3 years ago

Which descriptions are examples of Logistics Planning and Management Services workers? Check all that apply.

vitfil [10]

Answer:

A,E,F

Explanation:

Brainliest Please

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3 years ago

Read 2 more answers

When team members experience conflict because they are trying to make sense of competing ideas about how the team should work, t

baherus [9]

The statement above is TRUE. Team development is divided into five distinct stages which are: forming, storming, norming, performing and adjoining. The storming stage is the stage where team members bring their divergent ideas to the table about how the team should work. Conflicts usually arise during this period and it is the least productive stage of the team development.

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3 years ago