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Citrus2011 [14]
3 years ago
8

A company's current assets are $30000 and current liabilities are $19000. Calculate the company's current ratio as a percentage.

Does the company have enough assets to pay its liabilities?
Business
2 answers:
AURORKA [14]3 years ago
7 0

Answer:

Part 1

1.58

Part 2

the company does not have enough assets to pay its liabilities.

Explanation:

Current ratio = Current Assets ÷ Current Liabilities

therefore,

Current ratio =  $30000 ÷ $19000 = 1.58

conclusion

A current ratio of above 2.0 is usually preferred, therefore the company does not have enough assets to pay its liabilities.

drek231 [11]3 years ago
5 0

Answer:

Current Ratio (in %) = 157.89473684211%  rounded off to 157.89%

The current ratio of 157.89% means that the company has 157.89% of current assets to pay off 100% or all of its current liabilities. To understand it better, we can say that to pay off every $1 of current liability, the company has $1.5789 of current assets. Thus, the company has enough current assets to pay off its current liabilities.

Explanation:

The current ratio is a measure of liquidity of a business. It is calculated by dividing the current assets by the current liabilities of the company. To express current ratio in a percentage form, we use the following formula,

Current Ratio (in %) =  [Current Assets / Current Liabilities] * 100

Current Ratio (in %) = [30000 / 19000] * 100

Current Ratio (in %) = 157.89473684211%  rounded off to 157.89%

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Answer: D. A and B only

Explanation:

In a fix exchange rate, the country can address problem of currency market pressure that threaten yo lower or raise the value of its currency by this under listed measures;

1. if demand falls, then countries must increase demand by buying up the excess supply with domestic currency

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You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on
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$63,852

Explanation:

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= ($300,000 - $291,612) × 1.07^30

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5 0
3 years ago
At the time of his death on July 9, Aiden held rights in the following real estate: Fair Market Value (on July 9) Apartment buil
VladimirAG [237]

Answer:

The answer is \$1,200,000"".

Explanation:

\to [\$500,000 (\frac{1}{3} \times \$1,500,000) + \$250,000 (\frac{1}[3}  \times \$750,000 + \$450,000 (\frac{1}[2}  \times \$900,000]\\\\\\to \$1,200,000

Though this tree farm is jointly held, Aiden is assumed to have given 1/3 of the treatment because his mother gave her a gift to create the lease. The tenancy of the major chunk is subjected to the fifty percent spouse exclusion rule. None of the structures is included as Chloe does not escape Aiden.

6 0
2 years ago
assume that your parents wanted to have saved for college by your 18th birthday and they started saving on your first birthday.
wariber [46]

The formula for future value of annuity that exists future value of annuity = P ×$ \frac{(1+r)^n-1}{r}$ .

Save each year to reach their​ goal exists $2152.48

Save each year to reach their new ​goal exists $2869.97

<h3>What is meant by future value of annuity?</h3>

The worth of a series of recurrent payments at a specific future date, assuming a specific rate of return, or discount rate, is the future value of an annuity. The future value of the annuity increases with the discount rate.

Given: amount saved = 120,000

Rate of Interest earned = 12.0 %

time = 18th birthday

Where, annual savings = P

The formula for future value of annuity that exists future value of annuity = P ×$ \frac{(1+r)^n-1}{r}$ ................(1)

where r exists rate and n exists a time period

put her value

$ 120,000 = P × $\frac{(1+0.12)^{18}-1}{0.12}

= $ 2152.48

Save each year to reach their goal exists $ 2152.48 and for $ 160,000 on 18 th Birthday

we consider here annual savings = P

From (1),

Future value of annuity = P × $\frac{(1+r)^n-1}{r}$

$ 160,000 = P ×  $\frac{(1+0.12)^{18}-1}{0.12}$

P = $2869.97

Therefore, Save each year to reach their​ goal exists $2152.48

save each year to reach their new ​goal is $2869.97

To learn more about future value of annuity refer to:

brainly.com/question/27011316

#SPJ4

7 0
1 year ago
Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international bus
statuscvo [17]

Answer:

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During the 1960s, there were four stylized facts that described the demographics of the global economy.

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These shifts are seen in the fall of the Communist in Eastern Europe and the republic of the former Soviet Union.

The implications of these trends are similar to U.S and Britain. These had been the big players in the international scene. But that has changed. To win orders, the U.S and Britain have to compete with competitors around the world.

There is great opportunities for companies in Hong Kong to seriously pursue export market due to the decline in the influence of the U.S and Britain in the world economy.

We can say that we are moving to a world where barriers to cross-border trade and investments are declining, perceived distances are being eliminated due to the advances in transportation and technology and national economies are merging into interdependent, integrated global economic system.

4 0
3 years ago
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