Answer:
c. 0.39
Explanation:
The formula to compute the 2017 cash ratio is shown below:
= (Cash + Short-term Investments) ÷ (Total Current Liabilities)
= (63,500 + $51,000) ÷ (234,000)
= ($114,500) ÷ (234,000)
= 0.39
It shows a ratio between cash + cash equivalent and the current liabilities.
The other information which is given in the question is not relevant. Hence, ignored it
Answer:
The quarterly sales forecast for 2021, using the seasonal index approach:
Estimated 2021 Sales
Q1 52
Q2 191
Q3 17
Q4 140
Total 400
Explanation:
a) Data and Calculations:
Annual demand for 2020:
2020 Sales Estimated 2021 Sales
Q1 30 52 (30/230 * 400)
Q2 110 191 (110/230 * 400)
Q3 10 17 (10/230 * 400)
Q4 80 140 (80/230 * 400)
Total 230 400
b) The seasonal index approach uses an average to compare an actual observation relative to an estimated observation based on the removal of annual seasonal variations.
Answer:
B) technological changes.
Explanation:
Structural unemployment is an unemployment resulting from the change in reorganization or technological change. This makes labor's skills do not match to industrial needs. For example, introducing automation or AI to do routine tasks makes abundant workers get out of their jobs.
Answer:
$3,433.33
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
Mathematically,
Depreciation = (Cost - Salvage value)/Estimated useful life
Annual depreciation
= ($46000 - $4800)/4
= $10,300
In the current year, the asset would only be depreciated for 4 months
= 4/12 * $10,300
= $3,433.33
The answer is 30mph.
Municipal areas refer to the district/area that is heavily populated.
In this type area, drivers could expect a lot of children running around and a lot of vehicles are on the road.
The punishment for exceeding the speed limit will be vary depending on the how far the difference is.