<span>Changes in government purchase affect planned spending directly. They change autonomous, self directed expenditures and costs, and so the planned spending is also changed.
Changes in taxes and or transfers affect planned spending indirectly. They do this by changing disposable income, and people consume more or less as a result.</span>
Answer:
The current ratio is 1.18 times
Explanation:
Current Ratio: The current ratio is that ratio which shows a relationship between the current assets and the current liabilities
The computation of the current ratio is shown below
Current ratio = Total Current assets ÷ total current liabilities
where,
Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory
= $43,500 + $27,000 + $102,000 + $125,000
= $297,500
And, the total current liabilities is $251,000
Now put these values to the above formula
So, the ratio would equal to
= $297,500 ÷ $251,000
= 1.18 times
The long term note payable is not a current liabilities,hence it is not considered in the computation part.
Answer:
One of the hardest challenges in product management is getting people aligned—especially if they have different reporting lines and objectives. Here it helps to remember that our job is not to have all the answers—but to ask the best questions.
Explanation:
