Answer:
The company's current ratio increased.
Explanation:
What would happen to this company is that the company's current ratio would increase. The current ratio refers to a ratio that measures the company's capacity to fulfill its short-term obligations, usually within a year. Therefore, this can also be considered a liquidity ratio. The way in which it does it is by comparing the company's current assets to its current liabilities. The current ration in this case would increase due to the fact that the company used the money to pay off some of its short-term notes payable.
The evaluating alternatives part of the decision-making process!
To solve this question, take 3% of $10,000 to see what the increase would be:
$10,000 x 3% = $300
There is an increase of $300 due to the 3% credit card processing fee that the credit card company is imposing on Elliston.
C retirement benefits. This is why retirees are sometimes called "pensioners"
Answer and Explanation:
The computation of the increase or decrease in the net income when Alternative B should be selected rather Alternative A is given below:
<u>Particulars Alternative A Alternative B</u>
Revenue $160,000 $180,000
Less cost -$100,000 $125,000
Net income $60,000 $55,000
If we choose alternative B so there would be decrease in the net income by $5,000
