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
anyanavicka [17]
2 years ago
8

Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars).

Business
1 answer:
Shalnov [3]2 years ago
3 0

Answer:

The answer is

1. -$96 million

2. 0.52:1

Explanation:

1. Working capital = total current assets - total current liabilities

Current assets:

Cash. $ 31.9 million

Accounts receivable $21.0 million

Inventory $28.1 million

Other current assets. $23.0 milllion

Total current assets $104.0 million

And current liabilities is$200.0 million

Therefore, working capital is:

$104 - $200

= -$96 million

2. Current ratio = current assets/current liabilities

$104 million / 200 miliion

=0.52:1

You might be interested in
The nominal interest rate is 6 percent and the inflation rate is 3 percent. What is the real interest rate
rusak2 [61]

Answer:

3%

Explanation:

real interest rate ≈ nomial interest rate - inflation

ratereal interest rate ≈ 6 - 3 ≈ 3%

Please mark as brainliest if you find this useful, I need it to rank up

5 0
1 year ago
Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for sync
Oduvanchick [21]

Answer:

a. middle manager.

Explanation:

In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.

A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.

5 0
3 years ago
Shane is looking for ways to get more capital for his appliance sales and service business. he is very protective of his company
Nitella [24]
<span>Shane, who is interested in new ways to get more capital for his business that sells and services appliances, is highly protective of his company's information and often worries that it may fall into the wrong hands. With this state of mind, Shane is likely not interested in incorporating his money</span>
6 0
3 years ago
Match the careers to the consumer service industry to which they belong.
Gemiola [76]

Answer:

The correct answers are:

1. Actor, writer, musician  : entertainment.

2. Dietician, optician  : health care.

3. Litigator, paralegal, attorney  : legal industry

Explanation:

Industries dedicated to consumer service are those whose product is directed directly to a consumer, and not to a company.

The product they offer is a service, and not a material good.

These industries will have professionals or people specialized in the subject who will be in charge of offering and selling this product.

That is what we see in the examples.

The health industry will offer services dedicated to health, therefore it will have professionals dedicated to this field.

The legal industry will have services dedicated to legal issues such as a lawyer, a litigator, etc.

And the entertainment industry will be dedicated to shows, this is where actors, musicians or writers come in.

8 0
3 years ago
Southland farm sold ten september futures contracts on wheat. Southland farm will:______.
Oliga [24]

Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

<h3>What is the payment?</h3>

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

Read more about payment

brainly.com/question/15136793

#SPJ1

8 0
2 years ago
Other questions:
  • Greg purchased 2,000 shares of common stock of the rite track corporation last year. he learned several months later that the st
    9·1 answer
  • You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your company’s assets are $110
    6·1 answer
  • A firm has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equi
    11·1 answer
  • 5. The International Property Right Index scores countries based on the legal and political environment and how well property ri
    6·1 answer
  • A researcher submits a study to the IRB that proposes to evaluate a new
    7·1 answer
  • If Treasury bills are currently paying 6.5 percent and the inflation rate is 1.3 percent, what is the approximate and the exact
    13·1 answer
  • Melissa wants to buy a living room set that cost $1800. She could get a 3-year personal loan from a bank at a simple interest ra
    10·1 answer
  • The following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Acco
    13·1 answer
  • Iship
    11·1 answer
  • Consider an economy described by the combined solow and romer model. If this economy is on its balanced growth path when an exog
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!