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Molodets [167]
3 years ago
5

A firm wants to strengthen its financial position. Which of the following actions would INCREASE its quick ratio?a) Offer price

reductions along with generous credit terms that would enable the firm to sell some of its excess inventory and lead to an increase in accounts receivable.b) Issue new common stock and use the proceeds to increase inventories.c) Speed up the collection of receivables and use the cash generated to increase inventories.d) Use some of its cash to purchase additional inventories.e) Issue new common stock and use the proceeds to acquire additional fixed assets.
Business
1 answer:
kolezko [41]3 years ago
4 0

Answer:

a) Offer price reductions along with generous credit terms that would enable the firm to sell some of its excess inventory and lead to an increase in accounts receivable

Explanation:

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Chiquita makes an economic profit of $250,000.

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Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivab
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Answer:

a.                          Acct. receivable   % uncollectible   Est. uncollectible

1-30 days old           $63,000                      3%                    $1,890

31-90 days old         $12,000                      14%                   $1,680

> 90 days old           $5,000                       37%                  <u>$1,850</u>

                                                                   Total                   <u>$5,420</u>

b. Date   General journal                                         Debit    Credit

Dec 31    Bad debts expenses                                $5,150

                      Allowance for doubtful accounts                   $5,150

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6 0
3 years ago
Which do you think would be more effective for shaping long-term ethical behavior in an organization: a written code of ethics c
-Dominant- [34]

Explanation:

A code of ethics can be defined as a set of rules and guidelines that exist in an organization to regulate the behavior and actions of all employees.

Therefore, there is no way to guarantee that only a formal and written code of ethics is necessary for managers and employees to actually practice ethical behavior.

What will define whether the code of ethics is really implemented in the company is its conduct and positioning in the internal and external environment. There is a way for a company to be unethical and have a complete and not exercised code of ethics.

Therefore, for the organizational culture to be based on the values ​​set out in the code of ethics, it is necessary to have strong ethical leadership, as the leader is responsible for motivating and guiding the actions of employees based on their own example, then in the long term , it can be said that an ethical leadership would be more impactful for the formation of the shared values ​​that form the organizational culture.

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In a spreadsheet, there are many features that help you edit quickly.<br> O True<br> O False
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Answer:True

Explanation:There are many form a quick editing hoped this helped ;) ... In a spreadsheet, there are many features that help you edit quickly.

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