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N76 [4]
4 years ago
7

Based on the following information from Schrute Company's balance sheet, calculate the current ratio. Current assets $ 147,000 I

nvestments 62,000 Plant assets 450,000 Current liabilities 59,000 Long-term liabilities 110,000 Retained earnings 490,000
Business
1 answer:
gladu [14]4 years ago
3 0

Answer:

2.49 times

Explanation:

The computation of the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities  

where,

Total Current assets = $147,000

And, the total current liabilities = $59,000

So, the current ratio is

= $147,000 ÷ $59,000

= 2.49 times

By dividing the total current assets by the total current liabilities we can get the current ratio and it always be expressed in a ratio

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Professor simmons will be lecturing to his students on how capitalism and socialism converge. he will discuss how the capitalist
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Professor Simmons will be discussing Convergence Theory. It states that all industrial systems, whether capitalist or communist, would converge in their social, political and economic systems because of the determinant effects of technological development.

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3 years ago
The supervisors of the production division of one of the branches of Georgia Mills have been informed of some irregularities not
lbvjy [14]

Answer:

C) problem-solving

Explanation:

Problem-solving team -

The group of people that assemble to work on a project which involves the resolution of one or more problems or issues , which arises to deal effectively with issues .

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Hence , from the information of the question , the correct answer is problem-solving team .

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4 years ago
A friend and fellow student shares her employment experience over the last 12-week summer break. It took her one full week to fi
Inessa05 [86]

Answer: 1. 12. 2. 1.090. 3. 0.08327

Explanation:

Here is the complete question:

friend and fellow student shares her employment experience over the last 12-week summer break. It took her one full week to find a job. She started on the first day of week two and was able to keep her job for the remaining eleven weeks. Use this information to answer the following three questions, assuming the unemployment rate is not changing:

1. Calculate the rate of job finding (f) for the summer, using an average rate per week. Enter this value in the box below. Note that if f is the rate of job finding, then the average spell of unemployment is (1/f).

The value of f is:

2. Calculate the rate of job separation (s), using an average rate per week. Enter this value into the box below. Note that if s is the rate of job separation, then the average length of employment is (1/s).

The value of s is:

3. Calculate the natural rate of unemployment (U) using the above results and enter this value in the box below.

The natural rate of unemployment (in percent) is

1. From the question, we can see that it was said that took her one full week to get a job over the last 12 week summer break. The unemployment rate will be 12.

The value of f is: 12

2. From the question, the average length of the employment is 11/12 weeks. The rate of job separation will be: s = 12weeks ÷ 11 weeks

s = 1.090

The value of s is: 1.090

3. The natural rate of unemployment will be:

U = s/(s+f)

= 1.090/(1.090 + 12)

= 1.090/13.090

= 0.08327

3 0
3 years ago
Lorenzo, who works as a supervisor at Travelus Corp., notices that one of the employees, Maya, takes very long coffee breaks whi
nata0808 [166]

Answer:

From the given information, we can infer that Lorenzo has decided to give Maya a warning.

Explanation:

The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.

5 0
3 years ago
A forecast that helps direct police officers to areas where crimes are likely to occur based on past data is an example of _____
mihalych1998 [28]

Answer:

D. Predictive Analytics

Explanation:

Predictive analytics is a data mining technique that involves the use of old previous information in the prediction of future activities. It is the use of statistical data and algorithms in determining the likelihood that a future event will occur based on the historical facts found in the statistical data. It is used in identifying patterns and predicting future outcomes and trends based on those identified patterns. An example of this is a forecast that helps police in predicting areas most likely that crime will occur.

3 0
4 years ago
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