Given:
Cash = $316
Accounts receivable = $687
Accounts payable = $709 (Liabilities)
Inventory = $2,108 (Assets)
Total assets = Cash + Receivables
= 316 + 687 = $1,003
Liabilities = $709
By definition, the quick ratio is
QR = (Assets - Inventory) / Liabilities
= (1003 - 2108)/709
= -1.5585
This means that the gift barn is over-leveraged and struggling to grow.
Answer: -1.56
Answer:
b. All rocks in the Earth's crust will, at some point, be subducted and melted to create igneous rock.
Explanation:
There are 3 types of rock:
1. Igneous, wich are formed when 2 tectonic plates collide and magma goes to surface getting cold
2. Sedimentary: when many layers of preexistent rocks produce pressure and heat by weigth melting the rocks.
3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks
Sedimentary and metamorphic would be subducted in order to produce new igneus rocks.
"Human wants are unlimited" is the one among the following choices given in the question why <span>people want something that is scarce. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your desired help.</span>
The formula is
I=prt
I interest paid 1120
p principle 32000
T time 4/12
R annual percentage interest rate?
Solve for r
R=I÷pt
R=1,120÷(32,000×(4÷12))
R=0.105×100
R=10.5%
Answer:
D. A checking account comes with a credit card.
Explanation:
A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.
Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.
