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Arturiano [62]
3 years ago
12

Tyrell Co. entered into the following transactions involving short-term liabilities in 2012 and 2013:

Business
1 answer:
Marrrta [24]3 years ago
5 0

ank by signing a 60-day, 6% interest-bearing note with a face value of $27,000.

Dec. 31 Recorded an adjuO

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The current assets of Margo Company are $300,000. The current liabilities are $100,000.The current ratio expressed as a proporti
hichkok12 [17]

Answer:

b. 3.0 : 1

Explanation:

Current ratio is used to measure a company's financial ability to pay short-term obligations or those due within one year. It is measure by Current asset/Current liability

The Current ratio = $300,000 / $100,000 = 3.0 : 1

Note: The higher the quick ratio, the better the company's liquidity position.

3 0
3 years ago
A trucking company sold its fleet of trucks for $55,400. The trucks originally cost $1,426,000 and had Accumulated Depreciation
victus00 [196]

Answer:

Loss of $97,600

Explanation:

From the question above a trucking company sold its fleet for $55,400

The truck original cost is $1,426,000

The depreciation is $1,273,000

The first step is to calculate the book value

Book value= cost-accumulated depreciation

= $1,426,000-$1,273,000

= $153,000

The next step is to subtract the book value from the cost to determine if it a gain or loss

= $55,400-$153,000

= -97,600

Since the value is negative then, the trucking company is at a loss of $97,600

4 0
3 years ago
Which of the following is most consistent with a relationship marketing strategy?
aleksklad [387]

Answer:

Option C  

Explanation:

Relationship marketing refers to the strategy aimed at encouraging customer satisfaction, communication, and tight-term commitment. It is built to create strong customer relationships by presenting them with content that is specifically relevant to their desires and needs, and by encouraging open lines of communication.

Relationship marketing involves building and preserving interaction with customers over period via online marketing or other techniques which improve their chances of coming back to your company in the future. In particular, regular customers are essential because they are major sources of new clients and reviews and are also inclined to make repeated purchases.                            

4 0
4 years ago
A project requires an initial investment of $10 million today. If the cost of capital exceeds the project IRR, then the project
xz_007 [3.2K]

Answer:

Negative NPV.

Explanation:

present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.

Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.

3 0
3 years ago
You are the ceo of a multi-million dollar merchandising company. One of your product managers has informed you that the chairman
saul85 [17]
I would ask what is wrong with our current packaging? Why are we making revisions?
Also, what gain would be brought to the table with this new packaging?
8 0
4 years ago
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