Which of the following is an example of in-person customer

A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this

Viktor [21]

The question is missing the options and is incomplete. The q=complete question is,

A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will:

a. both decrease

b. both increase

c. remain the same and decrease, respectively

d. increase and remain the same, respectively

Answer:

The correct answer is option D as the current ratio has increased while the working capital has remained the same.

Explanation:

The current ratio is calculated by dividing the current assets by the current liabilities. The formula for current ratio is,

Current ratio = Current assets / current liabilities

The old current ratio was,

Current ratio = 70000 / 50000 = 1.4

After the transaction, the new current ratio is,

Current ratio = (70000 - 1000) / (50000 - 1000) = 1.408

Thus, as a result of the transaction, the current ratio has increased.

The working capital is the difference between the value of current assets and the value of current liabilities.

The formula to calculate the working capital is,

Working capital = Current assets - Current liabilities

Old working capital = 70000 - 50000 = $20000

The new working capital = 69000 - 49000 = $20000

Thus, the working capital remain unchanged after the transaction.

5 0

3 years ago

Brief Exercise 26-4 Manson Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its fini

mr_godi [17]

Answer:

differential loss for 14,700

Explanation:

$\left[\begin{array}{cccc}&$Make&$Buy&$Differential&\\$Variable Cost&-73,500&-88,200&-14,700&\\$Fixed cost&-29,400&-29,400&0&\\$Total&-102,900&-117,600&-14,700&\\\end{array}\right]$

We multiply the variable copst per unit by the 14,7000 units

then we add the fixed cost for the total cost for the make option

Then, we multiply the 14,700 by 6 for the buy option and add the unavoidable fixed cost.

In this case, it is not convinient to buy the assembly part as it would incour in a differential loss for 14,700

3 0

3 years ago

Steve Hamilton of Hamilton Supply Co. needed to purchase a new hydraulic lift that was high in quality and durability, yet low i

Ad libitum [116K]

Answer:

True

Explanation:

In optimizing, business processes are aligned to fulfill customers' needs, wants, and desire but at a reduced cost.

Therefore customers are satisfied both with the quality of what they have and the price at which it was sold.

7 0

3 years ago

Asking yourself "What can I do to build a loyal customer base?" is an example of

MakcuM [25]

Correct answer is C, Creativity.

Asking yourself, What can i do to build a loyal customer base?, is an example of Creativity.

When a person in an organization is creative and wants to build a loyal customer base, he asks himself that how can he build it. He finds out ways to build a loyal customer base. He innovates, he takes out the best creativity out of him. When he is focusing on asking himself the solutions, he is basically creative who is seeking answers within himself.

4 0

3 years ago

(02.01 MC)<br> One benefit of going to work instead of college after graduation is

laila [671]

Answer:

I'm not an expert at this, but a benefit of going to work after graduation first could be to earn enough money for college in the future. This would be good if someone else isn't paying for you're college or they don't have enough money themselves to pay for you.

7 0

3 years ago