1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kvv77 [185]
3 years ago
5

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

You might be interested in
Organizations use ________ planning to determine what contributions the departments or work units can make toward the organizati
Nastasia [14]

Organizations use Tactical  planning to determine what contributions the departments or work units can make toward the organization's strategic priorities and policies during the next 6 -- 24 months.

<u>Explanation:</u>

Tactical planning is a precise ascertainment and scheduling of the paramount or short-term pursuits expected in fulfilling the aspirations of strategic planning. The tactical planning manner occurs in real-time, endeavoring short-term consequences. Possessing this methodology in point empowers the company to execute agile tactics to surpass within the corresponding sale.

In the tactical point, the business is reacting to urgent certainties. Tactical planning is abnormally frequent with performance-driven activities. Immobile job positions with recurring responsibilities like recording and making infrequently want a tactical plan because compatible is the most eminent state consequence in these job roles.

7 0
4 years ago
Robert invested in stock and received a positive return over a 9-month period. Which of the following types of returns will be g
Anton [14]

Options:

A) Holding period return (HPR)

B) Effective annual return

C) Annual percentage rate

D) There is not enough information to make a definitive choice.

Answer:

Option B is correct.

Effective annual return

Explanation:

Robert invested in stock and received a positive return over a 9-month period then the effective annual return  will be the greatest.

3 0
3 years ago
What feature of heaps allows them to be efficiently implemented using a partially filled array?
oksian1 [2.3K]
The answer is "<span>Heaps are complete binary trees".</span>

In software engineering, a heap is a particular tree-based information structure that fulfills the heap property. The heap is one maximally effective execution of a dynamic information sort called a priority queues, and in reality priority queues are regularly alluded to as "heaps", regardless of how they might be implemented.
7 0
3 years ago
You just won the lottery and have two choices for how you will collect your money. You can collect $100,000 today or receive $20
patriot [66]

Answer:

Please see attachment

Explanation:

Please see attachment

7 0
3 years ago
At the end of the year, a company has a $1,200 debit balance in Manufacturing Overhead. As a result, the company:a.makes an adju
Nonamiya [84]

Answer:

d. makes an adjusting journal entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200.

Explanation:

The debit balance of $1,200 in the Manufacturing Overhead account represents under-applied overhead.  To ensure that the Cost of Goods Sold is accurate, the debit balance is debited to the Cost of Goods Sold while the corresponding credit goes to the Manufacturing Overhead account.

5 0
3 years ago
Other questions:
  • Michael Jordan purchases (long) 10 shares of XYZ stock for 23.00 per share. Six months from now he will sell all 10 shares. The
    11·1 answer
  • Sandstorm Corporation decides to develop a new line of paints. The project begins in 2019. Sandstorm incurs the following expens
    10·1 answer
  • How might an economist gather empirical data to test the proposed relationship between money and the price level?
    7·2 answers
  • Liquor stores in Tennessee lobby the state legislature, asking that wine shipments from out-of-state be made illegal. They argue
    11·1 answer
  • The price of a bond is equal to the sum of the present values of its future payments. Suppose a certain bond pays $50 one year f
    7·1 answer
  • It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. Consider a cu
    14·1 answer
  • your company has a registered domain name. you decide to sell portions of the domain name and make it available to others. What
    5·1 answer
  • ​Tara, a​ pharmacist, is planning on opening her own pharmacy. Tara currently earns​ $50,000 a year at her job. She has calculat
    13·1 answer
  • An insurance company’s procedure for settling a claim under $10,000 for fire or water damage to a home owner is to require two e
    6·1 answer
  • Risk vs reward sim
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!