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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

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I think the answer is “outages”? But I’m not completely sure.
5 0
3 years ago
The beginning Cash account balance is $38,700. During the period, cash disbursements (outflows) totaled $144,600.
anzhelika [568]

Answer:

D. $157,100

Explanation:

                                                                                  Amount in $

Beginning Cash account balance                           38,700

Cash disbursement (outflows)                                 (144,600)

Cash inflows                                                           <u>     xxxx        </u>

Ending balance                                                      <u>     51,200     </u>

<u />

Cash inflows =  51,200 + 144,600 - 38,700

                      =  $157,100

The right option is D. $157,100.

7 0
3 years ago
What is the difference between apparatus and materials?
Aleks04 [339]
Materials are any single item utilized when conducting scientific experiments. Apparatus is a collective group of items combined to perform experimental projects that do not have consumption. An example of a material would be water. Examples of apparatus would be thermometers or other instruments.
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7 0
3 years ago
Wilma has a $25,000 certificate of deposit (CD) at the local bank. The interest on this certificate, $1,000, was credited to her
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Answer:

A. Wilma must include the $1,000 of interest in her income this year.

Explanation:

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7 0
3 years ago
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.40, but management expects to reduce the p
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Answer:

The correct answer is $57.

Explanation:

According to the scenario, the computation of the given data are as follows:

Dividend = $11.40

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So, we can calculate the price by using following formula:

Price = Dividend × ( 1 + Growth rate) ÷ ( return rate - growth rate)

By putting the value, we get

= $11.4 × ( 1 - 0.05) ÷ ( 0.14 + 0.05)

= $57

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3 years ago
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