1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scilla [17]
3 years ago
10

Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of

the quick ratio ?
Business
1 answer:
grigory [225]3 years ago
4 0

Answer:

the value of the quick ratio is 1.11 times

Explanation:

The computation of the value of the quick ratio is shown below:

Quick Ratio = Total Quick Assets ÷ Total current liabilities

= [Cash + Accounts Receivables] ÷ Accounts Payable

= [$145 + $99] ÷ $219

= $244 ÷ $219

= 1.11 Times

Hence, the value of the quick ratio is 1.11 times

You might be interested in
How would a customer sales force structure benefit Reliable Tools? A. It would help the company's salespeople become experts in
baherus [9]

Answer:

The correct answer is the option D: It would enable the company's salespeople to build close relationships with customers.

Explanation:

To begin with, if a company's salesforce structure is looking to improve the current situation with the clients and their sales then the major importance would be in the relationship that the company has with those clients that represent the company's major sales, therefore that with Reliable Tools the customer sales force structure would be able to build close relationships with the clients and therefore to improve the sales and that is why they would benefit from that.

6 0
3 years ago
Read 2 more answers
In "open market operations" to __________ M1, the securities held by a commercial bank (or the public) are exchanged for "cash"
Hoochie [10]

Answer:

expand

Explanation:

In "open market operations" to expand M1, the securities held by a commercial bank (or the public) are exchanged for "cash" from the Fed (the transfer of funds from the Fed to a bank.

The Fed buys securities from banks holding it, for money; so as to increase the supply of money in the economy.

4 0
3 years ago
A _____ is conducted by marketing researchers to provide background information on other organizations that may have faced simil
marissa [1.9K]

Marketing researchers perform a review of the literature to provide context for other firms that could have encountered related issues.

A marketing researcher is what?

Analysis of data from marketing reports and recommendation-making based on that analysis are the duties of a marketing researcher, also known as a marketing research analyst. Their suggestions assist the marketing staff in project planning and helping to keep the company's consumer base constant.

Numerous marketing researchers also contribute to the creation and execution of marketing content strategies and data analysis of the business, its goods or services, and client purchasing patterns. Being knowledgeable about current marketing trends in one's business and remaining current with new marketing technologies are essential components of every marketing researcher's job.

to know more about marketing researcher

brainly.com/question/12371177

#SPJ4

8 0
1 year ago
What are the three major flows in the economy?​
sweet-ann [11.9K]

Answer:

Production, consumption and exchange are the three main activities of the economy. Consumption and production are flows which operate simultaneously and are interrelated and interdependent

Explanation:

hope this helps u

5 0
3 years ago
True or false<br> Price fluctuations or changes help to clear the market
san4es73 [151]

Answer:

true

What does MARKET CLEARING mean? ... In economics, market clearing is the process by which, in an economic market, the supply of whatever is traded is equated to the demand, so that there is no leftover supply or demand

there for the answer is true

6 0
3 years ago
Other questions:
  • PERT is a popular technique for analyzing the tasks involved to complete a given project, estimating the time required to comple
    15·1 answer
  • A company scientist at a biotechnology company decides to work on his own research project, hoping to eventually start his own f
    12·1 answer
  • #. When you gave your friend a fifty-dollar bill for an iPod, you used money as.....A. a standard /B. store of value/ C. medium
    12·2 answers
  • 5. Risk analysis in capital budgeting Projects differ in risk, and risk analysis is a critical component of the capital budgetin
    9·1 answer
  • When using acronym meet to improve intercultural relations in work place what action does the T represent
    12·1 answer
  • How the lack of characteristics of a good leader can affect an organization?​
    13·1 answer
  • Each year, Sunshine Motos surveys 7,500 former and prospective customers regarding satisfaction and brand awareness. For the cur
    15·1 answer
  • Sheffield Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 83,000 with terms 2/10 n/3
    13·1 answer
  • On December 31, 2020, Orange Company issued 30,000 shares of its common stock with a fair value of $50 per share for all of the
    10·1 answer
  • The force that leads to zero economic profits for monopolistically competitive firms in the long run is:_________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!