Answer:
a. $1,525 million
b. 1.50 times
c. 29 %
Explanation:
Working capital = Current Assets - Current Liabilities
= $4,575 million - $3,050 million
= $1,525 million
Current Ratio = Current Assets ÷ Current Liabilities
= $4,575 million ÷ $3,050 million
= 1.50 times
Debt to Asset ratio = Interest bearing Debt / Total Assets × 100
= ($ 5,670 - $3,050) / $9,000 × 100
= 29 %
The statement "One of the ways to evaluate
ethically the policies of the IMF and World Bank is whether they have done more
good than harm or the opposite," is a true statement. The answer to the
given statement or sentence is True.
Answer:
a.
Explanation:
Based on the scenario being described within the question it can be said that the contingency should be reported in the notes to the financial statements. This is because this is technically a gain contingency and they are only reported in the notes and are not recognized within the financial statements of the corporations operations. Therefore the answer in this scenario would be A.
<span>The person who prepares and abstract of title for a parcel of real estate: "</span>searches the public records and then summarizes the events and proceedings that affect title."
Answer:
$125,000
Explanation:
The computation of monthly income before taxes is shown below:-
Loss in contribution margin = 30,000 units × $ 7
= ($210,000)
Saving in fixed monthly overhead = $85,000
Income before taxes would get decreased = Loss in contribution margin - Saving in fixed monthly overhead
= ($210,000) - $85,000
= $125,000
If product X is discontinued,. Seidman Company's monthly income before taxes would get decreased by $125,000