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Karolina [17]
3 years ago
14

Calculate working capital and current ratio Firm O has accounts receivable of $31,000, cash of $14,600, property, plant, and equ

ipment of $320,000, merchandise inventory of $43,200, accounts payable of $22,100, other accrued liabilities of $7,500, common stock of $250,000, and retained earnings of $129,200.
Required:

Calculate Firm Nâs working capital and current ratio.
Business
1 answer:
Contact [7]3 years ago
5 0

Answer:

Working capital=$59,200

Current ratio= 3 :1

Explanation:

Current ratio = current assets/ current liabilities

Current ratio = 31000+ 14600+432000 =88800

Current liabilities = 22,100+7,500 = 29600

Working capital = Current asset - current liabilities

= 88800  -  29600=59200

Working capital=$59,200

Current ratio = Current asset /current liabilities

                   =  88800 /29600  = 3 :1

Current ratio= 3 :1

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You live Happytown, Illinois, and you are an intern for the Happytown County Health Department. It is now April and your office
34kurt

Answer:

The first place to post the flyer will be <u>Children Day Care Centers </u>

Second will be near <u>ponds, lakes</u> where people tend to go for swimming

Third will be at the <u>schools and hospitals</u>

Fourth will be at <u>indoor / swimming pool</u> for general public and professional swimmers

Explanation:

Children Day Care Centers:

Kids who attend day care centers, including diaper aged kids and people who take care of the day care kids are more like prone to infection. Especially, when parents of infected kids leave their kids in the day care where rest of the kids attend. Kids have weak immune system and they get easily affected by Cryptosporidium.

Ponds, Lakes, Indoor swimming pool

Backpackers, hikers & campers use the lakes and ponds for bathing, swimming etc., are exposed to Cryptosporidium infection as they end to consume unfiltered and untreated water

Schools and Hospitals

Kids, infants and pregnant women are more like to get seriously ill due to weak immune system which may lead to dehydration leading to diarrhea, as they tend to contact infected people.

4 0
3 years ago
Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers sp
olya-2409 [2.1K]

Answer:

5) everyday low

Explanation:

An everyday low pricing policy (or strategy) refers to simply selling your products at a cheaper price than your competitors.

For example, bargain stores usually sell their products at a lower cost than the competition, Walmart, Target and Kmart are supposed to be bargain or discount stores. Another common type of retail store that uses this pricing strategy are outlet stores, specially clothing outlet stores.

8 0
3 years ago
Suppose the price of a bag of jelly beans rises from $1.60 to $2.00, with the result that sales of jelly beans falls from 120 ba
andrey2020 [161]

Answer:

The elasticity of demand for jelly beans is 1.80

Explanation:

The elasticity of demand is the principle of economic which is defined as the measure that extent the consumer response to the changes in the quantity demanded as a consequence of price change and being others factors are equal.

Computing the elasticity of demand for jelly beans as:

Elasticity of demand = Price Change / Quantity Change

where

Price Change is as:

Price = $1.60 + $2.00

= $3.60

Quantity change is as:

Quantity = 120 + 80

= 200

So,

Elasticity of demand = $3.60 / 200 × 100

Elasticity of demand = 1.80

5 0
3 years ago
has 10 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 1
katovenus [111]

Answer:

4.62%

Explanation:

we need to calculate the yield to maturity of the bond:

YTM = [coupon + (face value - market value)/n] / [(face value + market value)/2]

  • coupon = $50
  • face value = $1,000
  • market value = $1,078
  • n = 38 semiannual payments

YTM = [$50 + ($1,000 - $1,078)/38] / [($1,000 + $1,078)/2]

YTM = $47.95 / $1,039 = 4.615 ≈ 4.62%

5 0
3 years ago
Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called:
NemiM [27]

Answer:

Avoidable cost

Explanation:

An avoidable cost can be eliminated in a whole. Such a cost can be explained as an expense that would not happen if the specific activity is not done. These costs are relevant costs. A very good example of such a cost is labour cost. If there is a decision to stop a product line for example, all costs that have a relationship with this product line will also be stopped.

5 0
3 years ago
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