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]
3 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]3 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
Factors affecting communication in a an organization
iVinArrow [24]

FACTORS AFFECTING COMMUNICATION

Status / Role.

Cultural differences .

Choice of communication channel .

Length of communication .

Use of language .

Individual Perceptions / Attitudes / Personal

3 0
3 years ago
Purple swift manufactures birdhouses in lots of 1010. each birdhouse takes 4545 minutes to paint. after 1010 birdhouses are​ pai
Varvara68 [4.7K]

Utilization can be calculated using the formula utilization = average output rate / maximum capacity.

Utilization = number of lots x setup time + processing time x number of units / number of hours per day x working days per year  

Utilization = [200 x 1 + (45/60) x 2000] / (8 x 215)  = 1700 / 1720 

Utilization = 0.9884   

The utilization is 0.9884 or 98.84%. capacity cushion can be calculated by subtracting the utilization from 1. The capacity cushion is 0.01163 or 1.17%

6 0
3 years ago
Accounts ___.a.are not used by entities that manufacture products b.do not reflect money amounts c.are only used by large entiti
Verdich [7]

Answer:

are records of increases and decreases in individual financial statement items

Explanation:

The accounts are the day to day records that the individual, company and the business organization handles. It can be classified into various accounts like - cash accounts, purchase accounts, sales accounts, etc

The cash account is the account which records the payment and receipt of the cash

And, the purchase and sales accounts tracks the purchase of the fixed asset, inventory, and sales of the fixed asset, inventory, etc

There is an end number of transactions that can be either increase or decrease

8 0
3 years ago
In the global economy, organizations often must ________ their products to the language, customs, and culture of many different
valentinak56 [21]

In the global economy, organizations often must localize their products to the language, customs, and culture of many different countries.

An economy is the area of ​​production, distribution, trade and consumption of goods and services. It is generally defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

A nation's economy is the wealth it derives from business and industry. The Japanese economy grew by more than 10% every year. 3. Uncountable nouns. Economics is about using the minimum amount of money, time, or other resources necessary to accomplish something and wasting nothing.

Learn more about economy here:brainly.com/question/1106682
#SPJ4

5 0
1 year ago
Brangelina Adoption Agency’s general ledger shows a cash balance of $4,593. The balance of cash in the March-end bank statement
aliya0001 [1]

Answer:

$4.542

Explanation:

Bank services fees must be included in  balance, as well as  interest earned, but checks outstanding no, because they arent paid yet.

So the correct calculation is:

$ 4.593 - $85 + $34 =  $4.542

5 0
3 years ago
Other questions:
  • A not-for-profit university operates its college book-store as an auxiliary enterprise. During the year the store has revenues o
    13·1 answer
  • What is an easy way to convert an hourly wage into an approximate full-time annual wage?
    6·1 answer
  • The Carlton Corporation has $5 million in earnings after taxes and 2 million shares outstanding. The stock trades at a P/E of 10
    11·1 answer
  • Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a techn
    10·1 answer
  • Scope creep refers to: a. a task at the lowest level of the WBS. b. the approved project scope statement and its associated WBS.
    11·1 answer
  • On July 31, 2022, Cullumber Company had a cash balance per books of $6,360.00. The statement from Dakota State Bank on that date
    8·1 answer
  • D.v.g. (a minor) was injured in a one-car auto accident in hoover, alabama. the vehicle was covered by an insurance policy issue
    13·1 answer
  • Which account will appear in the sales ledger?
    7·1 answer
  • Which of the following statements about the W-2 form is TRUE? A W-2 lists all the money you spent over the last year You need a
    6·2 answers
  • A certain manufacturing process might 5 hours in the best-case scenario, 7 hours in the most likely situation, or 10 hours under
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!