The answer is C, savings and loan institutions
Answer: The sum of cash, short-term investments and net receivables divided by current liabilities
Explanation: The acid test ratio, also known as the quick ratio, is a liquidity ratio that is used to determine the ability of a company to pay its current liabilities if it rises immediately. It is considered to be more stringent ratio than the current ratio.
It is concluded by dividing those current assets that can be converted into cash immediately with the current liabilities of the company.
Therefore, from the above we can conclude that the correct statement is D.
Answer:
The operating cash flow in this transaction is zero
Explanation:
Please see attachment.
Answer:
c. 2
Explanation:
The multifactor productivity ratio can be determined using the below mentioned formula:
Multi factor productivity=Output worth/cost of material+cost of labor
In the given question:
Output worth=$1,000
cost of material+cost of labor=$300+$200=$500
Multifactor productivity=$1,000/$500=2
So based on the above calculation, the answer is c. 2
Answer:
D
Explanation:
yes it help to now how you have deposits and your interest you have on you deposits