Hi!
The day of the week a golf course is mostly likely to be closed on is Monday. =)
Answer:
d. $13,575
Explanation:
The cost of the equipment includes all the cost incurred to bring the equipment to a state where it becomes available for use.
These costs are the cost of the equipment, sales tax, freight, repairs during installation and installation cost.
Therefore,
Cost of the equipment = $12,000 + $800 + $200 + $350 + $225
= $13,575
The right option is d. $13,575.
A company has quick assets of $ 300,000 and current liabilities of $ 150,000. The company purchased $ 50,000 in inventory on credit. After the purchase, the quick ratio would be d. 1.75.
Inventory refers to all of the gadgets, items, products, and materials held with the aid of a commercial enterprise for selling within the marketplace to earn a profit. instance: If a newspaper supplier makes use of an automobile to supply newspapers to the customers, handiest the newspaper may be taken into consideration in inventory. The vehicle can be dealt with as an asset.
Inventory is an asset due to the fact a company invests money in it that it then converts into sales while it sells the inventory. stock that doesn't promote as quickly as anticipated may become a liability.
The principle feature of stock is to offer operations with ongoing delivery of materials. To gain this feature correctly, your enterprise has to attempt to discover a sweet spot between an excessive amount and too little, without ever going for walks out of inventory.
quick assets = 300000
quick liablities= 150000
inventory on credit
quick assets = 350000
quick liablities= 200000
quick ratio = 350000/200000
= 1.75
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Answer:
The correcto answer would be "call"
Explanation:
A CALL option allows the BUYER to buy the underlying asset at the option's exercise price on or before the expiration date. call; seller put; buyer put; seller call; buye
The owner or buyer of a call option benefits from the option if the underlying asset rises, that is, if when the call option expires, the asset (an action for example) has a price greater than the agreed price . In that case, the option buyer will exercise his right and buy the asset at the agreed price and sell it at the current market price, earning the difference.
If the price turns out to be less than the agreed price, known as the strike or strike price, the buyer will not exercise his right and will simply have lost the premium he paid for acquiring the option. Therefore, your benefit may be unlimited, but your loss is limited to the premium you paid.