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crimeas [40]
4 years ago
14

On June 30, 2018, Baird Company’s total current assets were $502,000 and its total current liabilities were $274,000. On July 1,

2018, Baird issued a long-term note to a bank for $39,400 cash. Required Compute Baird’s working capital before and after issuing the note. Compute Baird’s current ratio before and after issuing the note.
Business
1 answer:
amm18124 years ago
7 0

Answer:

Before issuing the note

Current ratio

= <u>Current assets</u>

   Current liabilities

= <u>$502,000</u>

  $274,000

= 1.83: 1

After issuing the note

Current ratio

= <u>$538,400</u>

  $274,000

= 1.96:1

Explanation:

Current ratio is the ratio of current assets to current liabilities. Before issuing the note, current assets amounted to $502,000 while current liabilities were $274,000. After issuing the note, current assets increased to $538,400 as a result of $39,400 received on note issue. This increases the current ratio from 1.83 to 1.96.

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Janine is 25 and has a good job at a biotechnology company. She currently has $5,000 in an IRA, an important part of her retirem
nexus9112 [7]

Answer:

$108,622.60

Explanation:

Calculation for the amount Janine's IRA will worth when she needs to start withdrawing money from it when she retires

Based on the information given we were told that She has the amount of $5,000 in an IRA, which is a vital part of her retirement nest egg in which She has well believes that her IRA will increase at an annual rate of 8%.

Secondly we were told that she is 25 age and plan to retire at the age of 65 which means that the number of years until her retirement will be 40 years(65 years-25 years)

Now let calculate how much she will be worth using this formula

Amount worth= Present value in IRA*(Annual rate increase)^ Numbers of years until retirement

Let plug in the formula

Amount worth=5,000 *(1 + 0.08)^40 =

Amount worth=5,000*(1.08)^40

Amount worth =5,000*21.72452

Amount worth= $108,622.60

Therefore Janine's IRA will be worth $108,622.60 when she needs to start withdrawing money from it when she retires.

7 0
3 years ago
Progressive relaxation: a. incorporates imagery. b. consists of alternately tensing and relaxing your muscles. c. uses weight tr
larisa [96]

Answer:

option B        

Explanation:

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Throughout the 1930s, Edmund Jacobson defined the methodology of incremental muscle relaxation and is focused on his theory that psychological quietness is a necessary result of brain relaxation. Nearly everyone can know about gradual muscle relaxation which needs just 10 minute to 20 minutes of training per day.

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4 years ago
_____ is the process of getting detailed information about jobs.
rjkz [21]
This answer to this quest is job analysis
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4 years ago
Doon Company incurred the following costs while producing 580 ​units: direct​ materials, $ 5 per​ unit; direct​ labor, $ 29 per​
Dominik [7]

Answer:

$22,040

Explanation:

The operating income using absorption costing is find out by using the following equation

Sales revenue                        $69,600    (580 units × $120)

Less:

Direct material cost               $2,900    (580 units × $5)  

Direct labor cost                    $16,820    (580 units × $29)  

Variable manufacturing overhead $5,800    (580 units × $10)  

Fixed manufacturing overhead     $12,180

Variable selling and admin cost $1,740    (580 units × $3)  

Fixed selling and admin cost      $8,120

Operating income using absorption costing   $22,040

We simply deduct the all cost from the sales so that the operating income under absorption costing could come

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exis [7]

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Economists look at the manufacturing and distribution of sources, items, and services by gathering and studying facts, gaining knowledge of trends, and comparing monetary problems.

An economist is a person who studies the reasoning behind the back of choices humans make and is interested in using the information to boost income, create better public coverage, or conduct research.

Learn more about economists here brainly.com/question/17996535

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8 0
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