Answer:
40 customers
Explanation:
Expected Demand Rate*current service rate/current utilization=capacity requirement/required utilization
.75*(50/90)=x/.95
x=39.58
x=40 customers
Assuming a company paid $2,000 cash to an employee for this month's salary. the entry to record this transaction would include a<u> </u><u>credit</u> to cash.
<h3>Journal entry</h3>
The appropriate journal entry to record the transaction assuming paid the amount of $2,000 cash to an employee for this month's salary is:
Journal entry
Debit Salary account $2,000
Credit Cash account $2,000
Therefore assuming a company paid $2,000 cash to an employee for this month's salary. the entry to record this transaction would include a<u> </u><u>credit</u> to cash.
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This is an example of using fiscal policy to stimulate the economy
Explanation:
Use of fiscal policy or in this case fiscal deficit even, is a strategy some economies use so that the flow of the money remains the same even when the economy nears slow down.
The concept is that the country will be able to retrieve all the money back once the slowdown is over but if it gets worse then there is a little chance of getting more money .
So in long term the deficit actually is profitable.
Answer:
the quick ratio is 1.4 times
Explanation:
The computation of the quick ratio is given below:
Quick ratio is
= (Cash + Accounts receivables) ÷Current liabilities
= ($120,000 + $80,000) ÷ $140,000
= 1.4 times
hence, the quick ratio is 1.4 times
The same should be considered and relevant