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
Colt1911 [192]
3 years ago
15

What does a current ratio of 1.20:1 mean?

Business
1 answer:
Cerrena [4.2K]3 years ago
3 0
It’s c. if you look it up it’s a dollar each of current assets
You might be interested in
Match each economic activity with one of its purpose
Verizon [17]

A. World Bank loans: Eliminate poverty

The World Bank is an international organization committed to giving financing, counsel and research to creating countries to help their monetary progression. The World Bank was made out of the Bretton Woods agreement, because of numerous European and Asian nations requiring financing to finance reproduction endeavors. Starting at 2016, the Bank predominantly goes about as an association that endeavors to battle destitution by offering formative help to center and poor-pay nations.  


B. Foreign aid: Provide emergency relief

Foreign aid is characterized as the intentional exchange of assets starting with one nation then onto the next nation. This exchange incorporates any stream of money to creating nations.  

Foreign aid can be as a credit or an allow. It might be in either a delicate or hard advance. This refinement implies that in the event that reimbursement of the guide requires remote money, it is a hard advance. In the event that it is in the home cash, it's a delicate advance. The World Bank loans in hard credits, while the advances of its offshoots are delicate advances.


C. Trade embargo: Punish an offending government

A trade embargo is a governmental request to confine exchange of specific products or all merchandise altogether with an outside nation. This normally originates from political contrasts between the two countries or monetary conditions that make business exchange unwanted.  

Trade embargos limit exchange between nations for an assortment of reasons. The most widely recognized reason is political clashes between the countries.


D. Outsourcing: Reduce production costs

Outsourcing is the business routine with regards to contracting a gathering outside an organization to perform benefits and make products that customarily were performed in-house by the organization's own representatives and staff. Normally done as a cost-cutting measure, it can influence employments extending from client support to assembling to the back office.  

Outsourcing was first perceived as a business technique in 1989 and turned into an indispensable piece of business financial aspects all through the 1990s.

5 0
3 years ago
Read 2 more answers
Without usefulness, there would be no benefits from information to set against its cost.
Mekhanik [1.2K]
<span>Opportunity cost concept is very important to the view of costs of economists. It is defined as the worth or value of a forgone activity or alternative when another item is chosen. It is a relative cost of one alternative in terms of the next best alternative. It is a vital economic concept which finds application a wide range of business decisions. Decision –making is usually overlooked by opportunity cost. Opportunity costs should often subjectively estimated by decision-makers. </span>
8 0
3 years ago
The differences between uninsurable and insurable risks
Varvara68 [4.7K]
Uninsurable risk is one where the insurance company cannot calculate the probability of the risk occurring which can happen due to numerous reasons. An insurable risk is one where the calculations can be made and the premium that gets paid is determined.
3 0
3 years ago
Read 2 more answers
A company acquired an office building, land, and equipment in a single basket purchase. The fair values were $1,560,000, $1,560,
gulaghasi [49]

Answer:

$4,900,000

Explanation:

Ratio of Building in total Fair Value = $1,560,000 / ($1,560,000 + $1,560,000 + $2,080,000)

Ratio of Building in total Fair Value = $1,560,000 / $5200000

Ratio of Building in total Fair Value = 0.3

Ratio of Building in total Fair Value = 30%

Building recorded by = $1470000

Total Purchase Price of all three asset = $1470000 / 30%

Total Purchase Price of all three asset = $1470000 / 0.3

Total Purchase Price of all three asset = $4,900,000

8 0
3 years ago
Lenore, Inc. gathered the following information from its accounting records and the October bank statement to prepare the Octobe
Rashid [163]

Answer:The up-to-date ending cash balance on October 31 is: $8,290---C

Explanation:

A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.

Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.

Ending cash balance as per books = $7,000

Add:

Interest received from Bank =           +$1,700

subtotal                                                $8,700                    

Deduct

Bank Service charge =                        -$60

NSF check =                                        -$350

Up-to-date ending cash balance =     $8,290

4 0
3 years ago
Other questions:
  • Stella manages the production team at Camden Inc., a manufacturer of heavy industry machinery in the United States. She needs to
    5·1 answer
  • What’s the purpose of balancing or monitoring your checking account
    12·2 answers
  • A company's _____ often motivates people to join the company and perform at very high levels.
    11·2 answers
  • The pizza industry is perfectly competitive and has​ 1,000 firms.All firms are identical.In​ long-run equilibrium, each firm is​
    6·1 answer
  • Preadvertised products that are not actually on the market yet and may not even exist are referred to as _____. A. substitute pr
    6·1 answer
  • In the context of in-house software development options, a firm that enhances a commercial package by adding custom features and
    12·1 answer
  • Which of the following statements is correct in connection with the investigation of a business? a.Regardless of whether the tax
    12·1 answer
  • When Ahmed arrived at work on​ Monday, he noticed that several new employees had been hired. One of the new hires seemed to be t
    13·1 answer
  • The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $918,400. The con
    6·1 answer
  • Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!