Answer:
The answer is C.
Explanation:
Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.
This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal
The formula for current ratio is:
Current assets/current liabilities
Total current assets is $493,000, Total current liabilities is $357,000
= $493,000/$357,000
=1.38
This will likely deter people from accumulating wealth in future.
Answer: Option 3.
<u>Explanation:</u>
Taxes are the amount of money that the citizens have to pay to the government. It is obligatory in nature. And in return to these taxes, the government will provide services to the citizens of the country.
But since the citizens have to pay to the government from their own personal income, so it pinches the citizens. An additional tax on the wealth of the citizens will deter the people to save and accumulate the wealth in future and will not motivate them.
Throwing the copies out in the garage can without
shredding because he’s tired shows Raj did not follow the company’s HIPAA
P&Ps about proper disposal of PHI. He could have locked those copies for
later "proper" disposal. Therefore, Yes! Raj has violated company
policy and HIPAA.
Answer:
25%
Explanation:
Given that,
Direct labor = $468,000
Direct materials = $390,000
Factory overhead = $117,000
The overhead rate as a percent of direct labor cost is determined by dividing the factory overhead by the direct labor cost.
Overhead rate:
= (Factory overhead ÷ Direct labor cost) × 100
= ($117,000 ÷ $468,000) × 100
= 0.25 × 100
= 25%
Answer: A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than its C. variable costs.
Explanation: A variable cost is a cost that will vary depending on the level of output that is needed. If more units of an item are needed, the variable costs will likely rise whereas if the product numbers go down, they will too. A variable cost changes and a fixed cost stays the same regardless of the production amount.
