When one wants to find out the acid test ratio, the formula is:
- (Cash + Short term investments + Current receivables) / Current liabilities
<h3>What is the acid-test ratio?</h3>
It shows how well a company can pay off its current liabilities using only its most liquid short term assets.
It is calculated by deducting stock from the current assets and then dividing that figure by the current liabilities. Or, it can be calculated as:
= (Cash + Short term investments + Current receivables) / Current liabilities
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Answer:
The correct answer to the following question will be "Dispatching shipments".
Explanation:
- Induction payable to something like a shipper, client, or charter by such an operational performance for performing the lifting/offloading operations sometime within the time allocated. Also read out as a fax. Whenever a shipping industry receives your quality products to their new destination you could pay themselves a dispatcher doing an excellent job.
- The very first step towards dispatching shipments seems to be to distribute or deploy shipments as packing as well as trying to direct them to something like the support vehicle.
So that the above is the right answer.
Answer:
Requirement: <em>Determine the overhead rate for each activity "Materials handling, Machine setups, Quality inspections"</em>
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Materials handling overhead rate = Total cost / Cost driver volume
Materials handling overhead rate = $30,000 / 1,000
Materials handling overhead rate = $30
Machine setups overhead rate = Total cost / Cost driver volume
Machine setups overhead rate = $23,750 / 475
Machine setups overhead rate = $50
Quality inspections overhead rate = Total cost / Cost driver volume
Quality inspections overhead rate = $19,000 / 475
Quality inspections overhead rate = $40
The each payment is subject to tax $300
<h3>Briefing:-</h3>
$150,000 in total payments ($500 per month for 300 months)
Exclusion ratio equals $60,000 for the annuity's purchase price / $150,000 for all installments, or 40%.
Each payment's taxable component is calculated as follows: $500 X (1-.40 exclusion ratio) = $300
<h3>Which of the following is regarded as the time when an annuity's cumulative value is distributed?</h3>
The accumulation phase, also known as the accumulation period, and the payout phase are the two periods of annuities. Your premiums accrue interest during the accumulation period and increase.
<h3>How is the taxable portion of each annuity payment calculated?</h3>
The exclusion ratio refers to the process used to calculate the taxable share of each payment. Each payment is subject to an exclusion ratio, which specifies that a portion of each payment shall be deemed a return of the owner's cost basis and shall not be subject to tax. But the remaining amount is taxed.
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