Quick ratio = 1.30 (Option C)
<u>Explanation:</u>
Quick ratio or acid test ratio is calculated as follows:
(Cash plus marketable securities plus accounts receivable ) divide by total current liabilities
In our question, we have been given with the data:
Cash = 45 million
Marketable securities = 33 million, accounts receivable = 66 million, total current laibailities = 111 million
So, let us now put the given values in the above stated formula:
Quick ratio = ( 45 plus 33 plus 66) divide by 111
After calculating we get, 1.30
Therefore, the quick ratio is 1.30
Answer:
The correct answer is letter "A": are inflexible and incapable of adapting to environmental change.
Explanation:
Strong consistent cultures are characterized by having endured during long periods of history. Their success in enduring relies on certain strict behaviors and rules adopted by their followers. At the same time, one of the features of these cultures is that they are reluctant to change or to adopt new trends to their way of living.
Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.
<h3>Why are trade agreements important?</h3>
Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.
Thus Option C is correct about the trade agreement.
For more information about the Trade agreement refer to the link:
brainly.com/question/1550074
Answer:
b. Companies are benefiting from e-commerce by buying and selling their products and services to consumers online.
Explanation:
This is the example that shows the pure application of IT in business. E-commerce platforms are something every business that has an online presence has in common. Although businesses can differ by industry or niche, e-commerce is a common information technology trend.
The A. answer may indicate that it is IT related, but it is actually more related to globalization and outsourcing.
Answer:
1,390,718 shares
Explanation:
Amount to be raise = $72 million
Underwriters charges = 5%
Filling Fee = $700,000
After deducting the underwriters charges the amount remains 95% of the total value. The company needs to raise exact $72 million after all charges deducted so, will take this amount as 95% of the total and gross up this value to 100%.
Total Amount to be raised = Amount including the underwrites charge + Filling charge = ( $72,000,000 / 100% - 5% ) + $700,000 = $76,489,474
Share price = $55
Numbers of share = $76,489,474 / $55 = 1,390,718 shares