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
Anna007 [38]
3 years ago
8

Good buys has current assets of $2,500,000 and current liabilities of $1,000,000. if they issue $50,000 of new stock, what will

their new current ratio be?
Business
1 answer:
Pani-rosa [81]3 years ago
3 0

Current ratio is equal to current assets divided by current liabilities. When Good Buys issues $50,000 of new stock, its cash increases by 50,000 and its Equity increases by the same amount. Liabilities, long term or current, are unaffected. Its new current ratio is 2,550,000 / 1,000,000 = 2.55

You might be interested in
A(n) ____ database supports a relatively small number of users (usually fewer than 50) or a specific department within an organi
Ahat [919]
The answer to this question is the workgroup database. A workgroup database is a type of database that is consist of around 20-25 members in a group that will work and developed on making a database for an organization.
4 0
3 years ago
Jacob lost his wallet but did not report his credit card lost until 3 days later. When he checked his balance, he saw 5 unauthor
Leviafan [203]

50$ for fees and expenses

4 0
4 years ago
Read 2 more answers
_____ is a programming language for controlling robots.
Archy [21]
<span>Variable assembly language would be my guess

Hope that helps</span>
8 0
3 years ago
The tendency of employees in a functionally organized company to become fixated on their own concerns and work assignments to th
lawyer [7]

Answer:

d. Siloing.

Explanation:

Siloing is the present participle of the word silo which means isolated.

The tendency of employees in a functionally organized company to become fixated on their own concerns and work assignments to the exclusion of the needs of other departments is known as siloing because that particular employee is being isolated from other departments. This might include an IT system.

4 0
4 years ago
Some companies hire an outside consultant to assist in the project team regarding selecting a vendor solution for the project. W
IceJOKER [234]

Answer and explanation:

Outside consultants are individuals who work for themselves or represent a firm and are hired for their expertise to give suggestions on certain matters where an organization does not have much information.  

<em>The advantage of counting on these professionals relies on the wide scope of ideas that they can provide to the organization in cases such as selecting a vendor solution.  </em>

However, <em>by hiring an external consultant the projects of the employees of the company can be set aside even if they can have more information on the business itself and might be more aware of what the company needs and could best suit it.</em>

3 0
3 years ago
Other questions:
  • What is the definition of shortage in economics
    13·1 answer
  • ) A health insurance will pay for a medical expense subject to a $100 deductible. Assume that the amount of the expense is expon
    11·1 answer
  • Which in the list below has very limited influence in a pure market economy? A.) women B.) individuals C.) economists D.) the go
    6·1 answer
  • To accurately compare the rate of return on one investment with another, they should be:
    14·1 answer
  • Happy​ Valley, Inc. has received an invoice for​ $6,500 with terms of​ 3/15, n/45 and uses the net method to record purchases. I
    15·1 answer
  • Job embeddedness refers to Select one: a. increasing the number and variety of tasks within a job. b. a temporary switching of j
    12·1 answer
  • The Lodge borrowed $2,000,000 for five years at an annual interest rate of 9% from the Merchant Bank, which required a $100,000
    12·1 answer
  • Identify and discuss the five questions that should be answered by a good mission statement.
    15·1 answer
  • A user access agreement typically is __________ than the list of employee expected behaviors within an organization.
    8·1 answer
  • How can I convince a friend to invest in a good manner
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!