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Pani-rosa [81]
3 years ago
7

The current assets of Margo Company are $300,000. The current liabilities are $100,000.The current ratio expressed as a proporti

on is:___________.
a. 300%.
b. 3.0 : 1
c. .33 : 1
d. $300,000 ÷ $100,000.
Business
1 answer:
hichkok12 [17]3 years ago
3 0

Answer:

b. 3.0 : 1

Explanation:

Current ratio is used to measure a company's financial ability to pay short-term obligations or those due within one year. It is measure by Current asset/Current liability

The Current ratio = $300,000 / $100,000 = 3.0 : 1

Note: The higher the quick ratio, the better the company's liquidity position.

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Recently Tanveer switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Tanvee
Dima020 [189]

Answer:

The correct answer is a) Esteem.

Explanation:

The pyramid of the Maslow hierarchy is based on five stages on the needs of people, which function as motivational factors for the individual; these are organized from those that must be satisfied first until reaching the peak of the pyramid.

Among Maslow's needs are:

  • Physiological needs.
  • Need for security.
  • Need for love and belonging.
  • Need for esteem.
  • Need for self realization.

In his theory, Maslow speaks that the needs are being filled from the bottom of the pyramid, which begins with the physiological needs, then progresses to reach the top of the pyramid to meet his need for self-realization. I also make it clear that the requirement should not be satisfied 100% to move on to the next one.

In this case, Tanveer needs importance for esteem. The need for esteem is divided into two: the first is self-esteem, where the need for independence and achievement are present; the second is the desire for reputation or respect of other people where prestige or status is related.

And for Tanveer, the respect and reputation of his employees in his new job are very important to him.

<em>I hope this information can help you.</em>

8 0
4 years ago
The Ayayai Corp. purchased $7990 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inven
sesenic [268]

Explanation:

The adjusted journal entry is shown below:

Corp Laundry supplies Expense A/c Dr $6,580

       To Corp Laundry supplies A/c $6,580

(Being the corp supplies expense is recorded)

It is computed below:

= Purchased value of laundry supplies - still on hand

= $7,990 - $1,410

= $6,580

The answer is correct but The options that are given are incorrect.

8 0
4 years ago
One reason some manufacturing companies began moving production to China in the early 2000s was due to lower wages that could be
harina [27]

Answer:

Comparative advantage

Explanation:

This concept of economics is comparative advantage that means one country has advantage of producing same product at lower cost than other. In this question China has comparative advantage over USA,

This may be due to different reasons.

1. Population of China is greater than USA, that is why employees are willing to work on low salaries in China as compared to salaries are offered in the US.

2. China is comparatively better in manufacturing industry as of with USA.

8 0
4 years ago
Firm T produces 600 tires and sells them to Firm B at a cost of $30 each.
umka21 [38]

Answer:

$90,000; $18,000; $37,500; $34,500

Explanation:

Total contribution to GDP:

= Number of bicycles produces × Selling price of each

= 300 × $300

= $90,000

Value added by Firm T is calculated as follows:

= value of tires sold to Firm B

= Selling price of each tire × No. of tires produced

= $30 × 600

= $18,000

Value added by Firm F is calculated as follows:

= Value of bicycle frames sold to Firm B

= Selling price of each bicycle frame × No. of bicycle frames produced

= $125 × 300

= $37,500

Value added by Firm B:

= Value of bicycles sold to consumers - Cost of purchasing tires from Firm T - Cost of purchasing bicycle frames

= ($300 × 300) - $18,000 - $37,500

= $90,000 - $18,000 - $37,500

= $34,500

8 0
4 years ago
Koby, age 16, works after school at FastFood from 4 p.m. until 11 p.m. On Friday night, therestaurant manager sees that Koby is
guapka [62]

Answer:

find answer in the explanation below

Explanation:

Koby is 16 and that means he is under age for a start. That initial statement makes Fastfood liable.

As it can be seen from the question, the golden rule applies to Koby's case as it is clear he has other things to do with his time.

Primarily, he is a student and that means he has school work to do alongside putting in some hours at Fastfood. But then, he still has the right to be treated right which in this case means him getting some rest. It is therefore safe to say that the manager of Fastfood is trying to take advantage of Koby and should have given him rest.

if he had gotten some rest, he wouldn't have fallen asleep while driving and been in the accident.

Cheers

7 0
3 years ago
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