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
Vlad [161]
2 years ago
5

Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?

Business
1 answer:
Inessa [10]2 years ago
4 0
To solve this problem, first, we must know the formula to get the current ratio. 
                           Currents Assets
Current Ratio=  -------------------------
                           Current Liabilities

So in this problem the current assets and current liabilities are given which are the following:
   CA= $593,000,000
   CL= $316,000,000

Let's now solve  $593,000,000 / $316,000,000 = 1.88 

You might be interested in
Managers need to understand how information flows within the organization, how their organization interacts with other organizat
Alexus [3.1K]
The answer to this question is False:)
8 0
2 years ago
The economics profession thrives because:
Pie

Answer:

Your answer to your Question is D. economists always agree on solutions to economic problems and have helped solve all major global financial crises.I HOPE I HELPED YOU GIVE ME BRAINLIST PLEASE Thank you have a nice day!

4 0
3 years ago
A monopoly is considering selling several units of a homogeneous product as a single package. a typical consumer's demand for th
just olya [345]

Answer:

A. 15 units

B. $130

Explanation:

In order to solve this, we need to use the profit maximization condition for monopoly.

MR = MC will give us the optimal quantity and price for the monopolist.

The consumer's demand for the product is:

Qd = 80 - 0.5P

Therefore, we have:

P = (80 / 0.5) - (Qd / 0.5)

P = 160 - 2Qd

Recall that, Total Revenue:

TR = P * Q

So, in this case TR = 160Q - 2Q^2

MR = d(TR) / dQ = 160 - 4Q

Now, MR = MC

160 - 4Q = 100

4Q = 160 - 100

4Q = 60

Q = 60 / 4

Q = 15 units.

Now, P =160 - 2Q

P = 160 - 2(15)

P = 160 - 30 = 130

The optimal number of units to be placed in a package will therefore be 15 units while the firm should charge $130 for this package.

7 0
3 years ago
I need nitro gold. plz, donate to nitro type user DeckertheBEAST. don't answer for the points. GUYS I'M IN NEED. Thanks for thos
katrin2010 [14]

Answer:

whats that? ._.

Explanation:

8 0
2 years ago
Read 2 more answers
An investor buys a call at a price of $4. 50 with an exercise price of $40. at what stock price will the investor break even on
Maksim231197 [3]

Break-even price of call option = Exercise price + Premium Paid

So,

Break-even Stock Price = 40 + 4.50 = $44.50

A stock market, stock market, or stock market, is a collection of buyers and sellers of shares (also called stocks) that represent ownership of a company. This includes securities listed on public stock exchanges and stocks that trade only privately. B. Private company shares are sold to investors through equity crowdfunding platforms. Investments are typically made with an investment strategy in mind.

shares can be classified according to the country in which the company is located. For example, Nestlé and Novartis are based in Switzerland and traded on the SIX Swiss Exchange, so they can be considered part of the Swiss stock market. ) on the U.S. Stock Exchange.

Learn more about Stock here: brainly.com/question/1166179

#SPJ4

4 0
11 months ago
Other questions:
  • The numbers on the bottom of a typical check represent all of the following except
    11·2 answers
  • The budgeted production of Taurus, Inc. is 10,000 units per month. Each unit requires 40 minutes of direct labor to complete. Th
    11·1 answer
  • 80/20 principle holds that 20 percent of all customers generate 80 percent of the demand. Although the percentages usually are n
    12·1 answer
  • The beginning checkbook balance of Shelley Co. was $5,559.10. The bank statement showed a bank balance of $7,888.44. The bookkee
    13·1 answer
  • Giving customers time to pay their bill generates more sales. But when a recession hits, they may have trouble making payments.
    10·1 answer
  • Which of the following is NOT a part of personal financial planning?
    10·1 answer
  • There are two methods to determine the Golden Rule capital level, looking at steady-state: Please choose the correct answer from
    12·1 answer
  • A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 350
    11·1 answer
  • Journalize the following transactions, using the allowance method of accounting for uncollectible receivables
    10·1 answer
  • British economist David Ricardo argued that states should trade based on their _____, whereby each state produces and exports th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!