Answer:
Current ratio is 2.5:1
Quick ratio 1.9:1
Explanation:
Current ratio =current assets/current laibilities:1
current assets =cash+marketable securities+accounts receivables+inventory
current assets=$225000+$115,000+$112000+$158,000
current assets =$610,000
current liabilities=accounts payable=$244,000
Current ratio=610000/244000
current ratio=2.5
:1
quick ratio =(current assets-inventory)/current liabilities:1
quick ratio=(610000-158000)/244000
=1.9:1
The current ratio suggests the company has liquid resources that is more than double of current liabilities which can used in discharging debt obligations in the normal course of business
Quick ratio excludes inventory from the ratio since inventory is most difficult item to convert to cash
Answer:
culture shock
Explanation:
It seems that Shelly is most likely experiencing culture shock. This is a set of feelings that occurs to most individuals when they move to a location that is very different than their home. Since Shelly moved from the US to China and the culture is completely different, it causes Shelly to not feel comfortable in this new location. Individuals experiencing culture shock experience many distinct feelings but ultimately adjust to the new environment and begin getting comfortable in this new location.
Answer:
The correct answer is letter "B": learner characteristics.
Explanation:
In psychology, there are three main learner's characteristics considered: personal characteristics (<em>demographic information from the learners such as age, gender, language or social-economic status</em>), academic characteristics (<em>type of education and qualifications</em>), and cognitive characteristics (<em>level of intellectual skills and type of operational memory</em>).
<em>These characteristics must be considered by trainers at the moment of creating their programs since they must include a variety of learning approaches suitable for each type of learner in an attempt to ensure they will understand the information the trainer wants to transmit.</em>
Answer: See explanation
Explanation:
Based on the information given in the question, the corrected amounts for 2020 cost of goods sold would be:
= $1307500 + $36930 - $118630
= $1225800
The corrected Retained earnings would be:
= $5,383,000 - $36,930
= $5,346,070
Answer:
If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.
- Recognize the environment- accountant must appreciate the industry, responsibility or the organization in very clear style. He should clearly recognize and go with the administrative goals.
- Communication capability- Accountant must have resilient communication capability to talk with other individual and to make him recognize about any request of that individual.
- Flexibility- as the rules and policies are changes time to time, accountant must flexible enough to accept the changes easily.
- Strong Ethics- moreover the applied ethics, accountant should also have durable moral ethics.
- He should have durable confidence. Furthermore he should confirm to keep personal information secure.
- Precise and Detailed evidence- the accounts organized by accountant must be precise and very clear. It also should be thorough. Proper foot notes should be stated in financial statements.
- Inspiration- account must have competence of rational thinking to come up with fresh clarifications for given problems.
- Trustworthiness- the accountant should be dependability. He knows the secrets of the responsibility. So he should not to reveal these secrets to anyone without prior specialist.
