All categories

3 years ago

A company could improve its acid-test ratio by selling some equipment it no longer needs for cash. a. True b. Flase

Business

1 answer:

kari74 [83]3 years ago

3 0

Answer:

true

Explanation:

acid test ratio can be calculate by ( Current assets – Inventory ) / Current liabilities. Ideally, the acid test ratio should be 1:1 or higher, however this varies widely by industry. In general, the higher the ratio, the greater the company's liquidity. by selling up equipment in exchange of cash, the will assist the company to be able to handle its current liability with the cash injection into the entity.

You might be interested in

If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist w

Wittaler [7]

If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist will earn economic losses. This is further explained below.

<h3>What is government regulation?</h3>

Generally, government regulation is simply defined as regulations established by the government that serve to outline the parameters within which certain actions are considered lawful.

In conclusion, Most rules are written in plain English.

Read more about government regulation

brainly.com/question/6530873

#SPJ1

5 0

2 years ago

For 2021, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an a

Naddik [55]

Answer:

$80,160.

Explanation:

An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.

According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is

86,500 + 404,000 - 408,000 - 2,340

3 0

3 years ago

A wealth gap is an economic difference between

horrorfan [7]

Answer:

B. Economic classes

Explanation: its correct on eadg

7 0

3 years ago

Read 2 more answers

The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is refer

Aleks [24]

Answer: A. Operations management

Explanation:

Operations management are the activities that has to do with the creation of goods and services by transforming them from inputs to outputs.

Marketing are the activities used by a company to promote the sale of a product or service. Finance has to do with management of money and getting of funds.

3 0

3 years ago

What’s the purpose of balancing or monitoring your checking account?

MaRussiya [10]

Answer: To help you calculate how much money you have in your account. The best way to ensure the accuracy and safety of your accounts is to.. Monitor your online accounts regularly.

Explanation:

4 0

3 years ago