Answer:
Quick ratio = Current assets - Inventory/Current liabilities
= $480,000 - $340,000/$40,000
= 3.5
Current assets = $120,000 + $340,000 + $20,000 = $480,000
Current liabilities = $20,000 + $20,000 = $40,000
Explanation:
Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.
Answer:
0.74
Explanation:
Jones corporation reported a current assets of $196,000
The current liabilities is $138,500
The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900
Therefore the quick ratio can be calculated as follows
= cash + account receivables
= $61,000 + $42,100
= $103,100
$103,100/$138,500
= 0.74
Hence the acid test(quick ) ratio is 0.74
The answer is A. When both sides agree. You both have to agree to the same thing or there is no comprimise its just two peoples opinions...
Answer:
17.15 m/s
Explanation:
This is a case of free fall, so we can use the next equation:
where
is the final velocity
is the initial velocity (0 in this case)
is the acceleration of gravity 
and 
is the height at wich the ballon was pitched.
So we have:
The final velocity, the velocity of the ballon when it hits the ground is 17.15m/s.
