Answer:
(a) 0.99
(b) 0.96
(c) Apple has better liquidity
Explanation:
(a) Apple's current ratio:
= Current assets ÷ Current liabilities
= $ 75.91 billion ÷ $ 76.31 billion
= 0.99
(b) Apple's quick ratio:
= (Current assets - Inventory) ÷ Current liabilities
= ($ 75.91 billion - $ 2.45 billion) ÷$ 76.31 billion
= 0.96
(c) In January 2016,
Quick ratio = 0.66
Current ratio = 0.90
In comparison to H-P assets quality Apple has much better quality. Current ratio and quick ratio of apple is better than H-P which shows that apple has better liquidity than H-P.
Answer:
The probability that neither of both stocks increase is 0,14
Explanation:
The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.
The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.
Complement of Stock A =1-0.54=0.46
Complement of Stock B =1-0.68=0.32
If we want to know the probability of both events happening we have to multiply both complements.
Probability that neither of these two events will occur= 0.46 x0.32= 0,1472
Answer:
What is one way a command economy affects the lives of private citizens? Citizens cannot make most economic decisions. Which statement best describes a mixed market economy? Producers and consumers make some economic choices while the government makes others?
Explanation:
Answer:
D) None of these answers are correct
Explanation:
None of the answers are correct because the definiton of current liability is a debt or obligation that has to paid off before the fiscal year ends. In other words, current liabilities are by definition short-term obligations, and all the options in the question refer to long-term obligations.
Answer: He is more likely to lose the case.
Explanation:
Philip is likely to lose because eventhoug the mechanic's action or conduct was an act of negligence toward Marsha, it was not a proximate causation in relation to Phillip, who was far away.
Proximate causation means it was not the primary cause of his injury , the mechanic could have not predicted or foreseen that Philip was going to be injured buy a running dog and that frees him from a duty to Philip.
