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pav-90 [236]
3 years ago
9

All Wet Water Softener Systems has Cash of $400?, Accounts Receivable of $1,000?, and Office Supplies of $600. All Wet owes $300

on Accounts Payable and has Salaries Payable of $100. All Wet?'s current ratio is
A. 2.00

B. 0.20

C. 0.71

D. 5.00
Business
1 answer:
DanielleElmas [232]3 years ago
7 0

Answer:

D. 5.00

Explanation:

The calculation of current ratio is given below :-

Current Ratio = Current Assets ÷ Current Liabilities

where,

Current Asset = cash + account receivable + office supply

= $400 + $1000 + $600

= $2,000

and the Current Liabilities is

= Account payable + salary payable

= $300 + $100

= $400

So, the current ratio is

= $2,000 ÷ $400

= 5 times

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Tesla wanted to break into the electric vehicle (EV) marketplace with a luxury sports model. At that time, economic value was mo
andreev551 [17]

Answer:

B. attribute

Explanation:

Tesla used the attribute base to position itself in the market

8 0
3 years ago
Kennedy, Inc. reported the following data:
Degger [83]

Answer:

The cash flows from operating activities section of the statement of cash flows using the indirect method is $172,475.

Explanation:

Kennedy, Inc.

Statement of cash flows (extract)

Net income                                                 $179,562

Add: Depreciation expense                            15,511

        Loss on disposal of equipment             11,046

Less: Gain on sale of building                      (21,801)

         Increase in accounts receivable         (8,734)

         Decrease in accounts payable            (3,109)

Cash flows from operating activities     $172,475

4 0
3 years ago
Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. The price of
Natasha_Volkova [10]

Answer:

8

Explanation:

The maximum amount she can spend is $12. If she buys 4 apples, it would cost her : 4 x $1.50 = $6. She would have $12 - $6 = $6 to spend on bananas.

If the price of bananas are $0.75, she can buy a total of $6 / $0.75 = 8 bananas

I hope my answer helps you

3 0
3 years ago
Julie and Barry Spinos purchased a house for $96,400. They made a 25 percent down payment and financed the remaining amount at 5
Alinara [238K]

Answer: $79.30

Explanation:

Cost of the house = $96400

Down payment = 25% × $96400 = $24100

Mortgage = $96400 - $24100 = $72300

Interest = 5.5%

Time = 5 years

Monthly payment.= $410.66

The interest for first payment will be:

= $72300 × 5.5% × 1/12

= $72300 × 0.055 × 0.08333

= $331.36

Therefore, the amount of the first monthly payment is used to reduce the principal will be:

= $410.66 - $331.36

= $79.30

5 0
2 years ago
What is the difference between apparatus and materials?
Aleks04 [339]
Materials are any single item utilized when conducting scientific experiments. Apparatus is a collective group of items combined to perform experimental projects that do not have consumption. An example of a material would be water. Examples of apparatus would be thermometers or other instruments.
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7 0
3 years ago
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