1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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%

You might be interested in
To help understand why attendance at the team's games was so poor, the atlanta falcons used marketing research to gather factual
Nataly [62]
The gathering of factual statements is an example of marketing research in its descriptive role.

<span>The descriptive role of marketing research is focused on the gathering of facts to explain the current situation of a market and/or marketing program.</span>
3 0
3 years ago
Communication skills involve
Natasha2012 [34]

Answer: Speak, writing and listening

Explanation:  Besides speaking, writing, and listening, other communication skills include observation and empathizing. Communication is a process that goes beyond transmitting a message, it is something that involves the use of signs, body expressions and tone, since depending on these it can be interpreted what type and nature of the message.

4 0
2 years ago
"What type of research design should a marketing researcher use to find out how many customers there are, what brands they buy a
Taya2010 [7]

Answer:

<u>Descriptive Research.</u>

Explanation:

Descriptive marketing research aims to observe and discover some market phenomena, so that it is possible to describe, classify and interpret such phenomena, such as what is happening in the market, specifying who, what, where and how.

It is usually carried out through discussions, questionnaires, interviews and specific groups.  It serves as a basis for explaining the occurrence of such phenomena encountered.

7 0
3 years ago
Serene City enacts an ordinance that bans the use of "sound amplifying systems" on public streets. Tyler wants to campaign for a
svp [43]

Available options are:

a. ​constitutional under the First Amendment.

b. ​an unconstitutional restriction of speech.

c. ​necessary to protect national interests.

d. ​justified by the need to protect individual rights

Answer:

Option A. ​Constitutional under the First Amendment.

Explanation:

The First Amendment gives several rights to the people of United which includes the freedom of religion, speech, press and filing of the petition in the courts. The court will look into the case whether or not the speech which the Tyler wants to broadcast endangers the security of United States or that the action threatens the rights of the peope (Tyler's supporters broadcast message at mid night within the city).

3 0
3 years ago
Suppose the supply and demand for a certain textbook are given by ​supply: p equals one fourth q squared comma ​demand: p equals
Llana [10]

Answer:

the demand quantity and the supply quantity at a price of ​$15 is 8 units

Explanation:

Supply, P = 1/4 Q²

Demand, P = - 1/4 Q²+30

If P = 15

Quantity Demanded will be 15 = -0.25Q²+30;

if we move 30 across the equality sign.

Therefore -0.25Q²=-15; divide both sides by -0.25;

Q² = 60, Q = 7.746, approximately 8 units

Quantity Supplied will be 15 =  1/4 Q², dividing both sides by 1/4

Q² = 60, Q = 7.746, approximately 8.

6 0
3 years ago
Read 2 more answers
Other questions:
  • What are the main sources of revenue for local governments?
    9·2 answers
  • Suppose that two Japanese companies, Hitachi and Toshiba, are the sole producers (i.e., duopolists) of a microprocessor chip use
    5·1 answer
  • The journal entry to close the Fees Earned, $750, and Rent Revenue, $175, accounts during the year-end closing process would be:
    10·1 answer
  • For questions 1-10 fill in the blank with the letter of the term or description that best matches the term.
    5·1 answer
  • Harding corporation sells two products, standard and supreme. expected sales are 40,000 standard and 60,000 supreme. standard's
    9·1 answer
  • Use the information below to answer the following question. The following lots of a particular commodity were available for sale
    15·1 answer
  • What kind of policy can a company implement that can help diminish the activity of sending unsolicited email?
    10·1 answer
  • Isabella wants to do something for others around the holidays. She fills three boxes with things she does not need, and donates
    8·2 answers
  • Crane Company sells 50000 units for $10 a unit. Fixed costs are $350000 and net income is $100000. What should be reported as va
    12·1 answer
  • Conroy Company uses the allowance method to account for bad debts. During the year, Conroy determined that a balance of $200 fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!