Answer:
Inventory = $8.17190
Explanation:
First compute the total current assets:
Current Ratio = <u> Current Assets </u>
Current Liabilities
0.95 = <u>Current Assets</u>
25.3
Current Assets = 25.3 * 0.95
Current Assets = 24.035
Now,
Current Assets = 100%
Less: Cash = (43%)
Account Receivable = <u>(23%)</u>
Inventory = 34%
Now,
Inventory = Current Assets * Inventory%
Inventory = 24.035 * 34%
Inventory = $8.1719
When I am in a conflict that I am not passionate about, it
is seen as gracious to sometimes nothing because it did not hurt me in any way
because first and foremost, it is not my concern to start of. Conflicts maybe
hard but as long as I am not affected, it does not matter.
Answer:
CONFORMANT reders to the propensity fir a product to perform consistently iver its useful design life
Answer:
The one that has been operating for the past ten years.
Explanation:
This is so because, the bank will consider it of factors which will include:
1. the stage in the life cycle of the company.
2. the credit risk level of the company.
3. the attractiveness of the company to investors.
4. the going concern assumption of the company.
Overall, the interest rate will be dependent on the kind of credit rating of the company. for a company which has been existing for long and which is thriving, the credit rating will be low. hence the bank will be taking a lower risk in giving the loan; hence the lower interest.
However for a new entity with a higher credit risk, the bank is taking a high risk lending money to such company, hence it will loan the new company at a higher interest rate.
Answer:
$864
Explanation:
Double-declining-balance charges a higher depreciation in early years of the asset and lower in the later years using the formula :
Depreciation expense = 2 x SLDP x BVSLDP
Where,
SLDP = 100 ÷ useful life
= 10 %
and
BVSLDP = Cost (1st year) and Book Value (any other year)
therefore,
Year 1
Depreciation expense = 2 x 10 % x $5,400
= $1,080
Year 2
Depreciation expense = 2 x 10 % x ($5,400 - $1,080)
= $864
thus
The depreciation expense for the second-year of its useful life using the double-declining-balance method is $864.