<span>C. A brainstorming session on new titles for a future publication series.</span>
Answer:
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Answer:
Current ratio = 0.33 times
Acid test ratio = 0.29 times
Explanation:
• Current ratio
Current ratio = Total current assets ÷ Total current liabilities
= $875 ÷ $2,638
= 0.33 times
• Acid test ratio
Acid test ratio = Quick assets ÷ total current liabilities
Where,
Quick assets = Total current assets - Inventory
= $875 - $116
= $759
Recall total current liabilities = $2,638
Therefore,
Acid test ratio = $759 ÷ $2,638
Acid test ratio = 0.29 times
Putting the wrong wires together and not knowing what goes to what
Answer:
b increased by 2%.
Explanation:
Increase in real wage = 6% - 4% = 2%
