1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nlexa [21]
4 years ago
11

Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.

If inventory is $173,900, what is the current ratio?
Business
1 answer:
sleet_krkn [62]4 years ago
5 0

Answer:

Current Ratio=1.93518

Explanation:

Current\ Ratio=\frac{Current\ Assets}{Current\ Liabilities}

Calculating Current Assets:

Current Assets=Total assets-Net fixed assets

Current Assets=$537,800- $412,400

Current Assets=$125,400

Current Liabilities=Total debt- Long-term debt

Current Liabilities=$388,700- $323,900

Current Liabilities=$64,800

Current Ratio=\frac{\$125,400}{\$64,800}

Current Ratio=1.93518

You might be interested in
6
TEA [102]

Answer: Four pies.

Explanation:

Marginal cost is the additional cost of producing one extra unit of a good or service.

From this graph we see the marginal cost rise when the first pie is produced and then it subsequently decreases as the second and third pie is produced which is where it reaches its lowest point.

From the fourth pie, the marginal cost begins to rise again which means the marginal cost begins to increase when the producer makes four pies.

3 0
3 years ago
On December 31, 20X4, Alan and Dave are partners with capital balances of $80,000 and $40,000, and they share profit and losses
lawyer [7]

Answer:

$24,000

Explanation:

For computing the implied goodwill, first, we have to calculate the total partners capital and total firm capital

Total partners capital = $80,000 + $40,000 + $36,000

                                    = $156,000

Now the total firm capital would be

= $36,000 ÷ 20%

= $180,000

Now the implied goodwill would be

= $180,000 - $156,000

= $24,000

3 0
3 years ago
To remain efficient and effective, workflow must follow a certain_____ within each department's function​
anygoal [31]

To remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.

This is because a process flow chart is a pictorial representation of how each step of a process will be carried out one after the other.

Each step is represented with the actions to be carried out, including the decision.

Usually, a process flow chart is depicted with a shape and line arrow to show the direction from one step to another.

Hence, in this case, it is concluded that to remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.

Learn more here: brainly.com/question/20304492

3 0
3 years ago
As an alternatives to FDI, firms could choose ______, which involves producing goods at home and shipping them overseas, or ____
Vladimir79 [104]

Answer:

As an alternatives to FDI, firms could choose <u>EXPORTING</u>, which involves producing goods at home and shipping them overseas, or <u>LICENSING</u>, which is granting a foreign firm the right to produce and sell a product in return for a royalty fee.

Explanation:

To export a good (or service) means to sell a domestically produced good to other foreign countries. Traditionally basically only goods were exported, but lately there has been a surge of service exports, e.g. outsourcing customer services to India.

Licensing a product or service refers to a licensor giving permission to produce a product or service and sell it within a given market, usually foreign market. The licensor charges royalties to the licensee in exchange for that permission.

7 0
4 years ago
Which statement is true? Select one: a. Printing with %.2f guarantees correct monetary calculations in C. b. Monetary calculatio
RUDIKE [14]

Answer:

B. Monetary calculations can be performed in C is the correct answer.

Explanation:

6 0
3 years ago
Other questions:
  • The following stock transactions were completed by the executive vice president of Vinco, Inc., a publicly traded corporation: J
    6·1 answer
  • A consumer downloads 4 movies and 3 apps per week. Suppose the price is $4 per movie and $4 per app, and the marginal utility th
    10·1 answer
  • Exquisite Expressions is a home decorating company that sells many different household accessories ranging from candles to enter
    14·1 answer
  • To minimize the invasion of privacy, _____.
    13·1 answer
  • What rule did Michael Jordan break by wearing Air Jordans out onto the basketball court?
    6·1 answer
  • Starting from a long run steady state equilibrium, a variety of expansionary fiscal and monetary policies were undertaken. The p
    13·1 answer
  • Discuss how problems (vague orders, back orders) should be handled in messages acknowledging orders.
    11·1 answer
  • Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo
    6·1 answer
  • Bramble Corp. expects to purchase $110000 of materials in July and $130000 of materials in August. Three-fourths of all purchase
    15·1 answer
  • PLZ HELP ASAP FOR ECON !!!
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!