Answer:
true
Explanation:
acid test ratio can be calculate by ( Current assets – Inventory ) / Current liabilities. Ideally, the acid test ratio should be 1:1 or higher, however this varies widely by industry. In general, the higher the ratio, the greater the company's liquidity. by selling up equipment in exchange of cash, the will assist the company to be able to handle its current liability with the cash injection into the entity.
<u>Answer:</u>
On the off chance that you <em>kick the bucket</em> during the term, a passing advantage is paid out. On the off chance that you don't pass on during the term, the approach ends toward the finish of the term.
A noteworthy advantage of this sort of approach is that the excellent cash come back to you is <em>totally tax-exempt,</em> as it isn't viewed as salary yet just a discount of premiums.
As you're looking into term <em>life coverage approach choices,</em> you may go over the expression yearly sustainable premium.
Be that as it may, for an every year <em>sustainable premium term approach</em>, the top notch will build every year. After some time it's conceivable to pay more in premiums than what might have been paid for a <em>level premium term approach.</em>
Answer:
The net income is $150,500 and the return on assets is 20.06 %
Explanation:
The formula for computing net income and return on assets is shown below and the computation is also made.
Net income = Sales revenue × Profit margin
= $2,150,000 × 7%
= $150,500
Return on assets = Net income ÷ total assets
= $150,500 ÷ $750,000
= 0.2006
= 20.06 %
Thus, the net income is $150,500 and the return on assets is 20.06 %
The to this question is A
