Answer:
Golden Braid Bookstore has $340,000 in cash
Explanation:
Quick ratio=current assets-inventory/current liabilities
Based on the information provided in this question,the quick ratio can be modified(no inventory,cash and accounts receivables are the only current assets)
quick ratio=accounts receivables+cash/current liabilities
quick ratio is 4.75/1
accounts receivables is $40,000
cash is unknown,taken as C
current liabilities is $80,000
4.75=$40,000+C/$80,000
By cross multiplication
4.75*$80,000=$40,000+C
C=(4.75*$80,000)-$40,000
C=$380,000-$40,000
C=$340,000
Answer:
She needs to contact the retail store about getting refund of duplicate charge of $132.45 for pair of hockey skates.
Explanation:
Yvette should start with calm message by saying that. Dear retail store i have been charged by duplicate amount of $132.45, that might be due to your server error or by merchants mistake. Please re-check from your end and refund the duplicated charged amount. Thank you
Answer:
Real-time processing
Explanation:
According to the <em>TPS (transaction processing system)</em>, real-time processing provides information that is relevant at the time of inquiry.
Since the transaction is individual, the system provides the response (output) without any delay.
In order to complete his task and provide relevant info, Jason uses real-time processing to provide investment information to clients. This kind of processing is common for such applications, where there are lots of continuous variables included (and they change frequently).
Answer: D I got the answer right on connexus
Explanation:
Answer:
1. $2,400
2. Investment 2
Explanation:
For computing the expected return for the investment 2, we have to apply the formula which is shown below:
= Probability for Scenario 1 × return in Scenario 1 + Probability for Scenario 2 × return in Scenario 2 + Probability for Scenario 3 × return in Scenario 3
= 0.2 × $6,000 + 0.3 × $4,000 + 0.5 × 0
= $1,200 + $1,200
= $2,400
From the calculations we use the investment 2 as Paul is uncertain about the return for investment 1
