Answer:
Luther Corporation
Current Ratio for 2006 is closest to:
1.1 : 1
Explanation:
a) Data and Calculations:
Total Current Assets = $144 million
Total Current Liabilities = $132 million
Current Ratio = Current Assets/Current Liabilities
= $144/$132
= 1.1 : 1
b) Luther Corporation's current ratio is a liquidity measure that shows Luther's ability to pay off short-term obligations worth $132 million or those due within one year with its current assets of $144 million. The ratio tells investors and analysts of Luther Corporation how Luther can use its current assets to pay off its current debts. Since Luther's current ratio is higher than 1, it is considered good, depending on the industry average. This means that Luther's current ratio of 1.1 : 1 should not be considered in isolation, but in comparison with other firms in the industry and its performance over a number of years.
Answer:
B) GDP would definitely increase because GDP excludes leisure.
Explanation:
The gross domestic product GDP includes the market value of all the final and legal goods and services produced within a country during one year.
Leisure time by itself is not included in the GDP, recreational and travel activities are, e.g. hotel services, restaurants, camping equipment, etc.
The Illini Union Bookstore on the University of Illinois campus has partnered with Amazon to create the first pickup location for Amazon products in Illinois.
What benefits does the collaboration offer?
For orders ordered before noon and for orders placed before 10 p.m., Amazon Prime members will enjoy Free Same-Day Pickup and Free One-Day Pickup, respectively. For a six-month free trial period followed by a 50 percent discount on the standard price of Prime, students can join up for an Amazon Prime Student membership. The worry that a shipment might be harmed or stolen after it has been delivered is also removed.
How will the presence of Amazon affect the Illini Union Bookstore?
The University of Illinois campus' Illini Union Bookstore and Amazon have teamed up to provide the state of Illinois' first Amazon merchandise pickup site. Customers can have their purchases delivered to the store rather than having them transported to their homes thanks to the staffed location.
Learn more about the partnership between amazon and Illini union bookstore: brainly.com/question/17182214
#SPJ4
Can’t see it, it’s really blurry!
