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3 years ago

Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the

2 answers:

8 0

We would need to set up a ratio or proportion.
3/10=x/51000
X=15,300, Julie
51,000-15,300
35,700, Kristen
70% is owned by Kristen

GuDViN [60]3 years ago

7 0

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A country recently experienced a drop in consumer purchases and a rise in business inventories of durable goods. Wages grew slow

brilliants [131]

Answer:

A recession

Explanation:

A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.

Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities. There is reduced consumer confidence leading to low retail sales and a decline in prices.

Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall. Economist considers recessions a part of a normal business cycle.

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3 years ago

How do we find an interest rate?

Murrr4er [49]

Answer:

i find de interst rate 10 %

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3 years ago

Prepare a classified balance sheet. Assume that $13,600 of the note payable will be paid in 2023.The following items are taken f

Aliun [14]

Answer:

A) See attached file for Balance Sheet

B) Current ratio = 1.26

C) Debt to Asset ratio = 18%

The Current ratio tells us that the company has 1.26 dollars of current assets to cover 1 dollar of current debt. That is a good thing, but to know if it´s enough covers, further information is needed. Others ratios can help to complete the picture as for example, quick ratio, assets turn over, inventory turn over, receivables turn over, etc. The debt to assets ratio. Tells us that the company owes 18% of its assets. The rest belongs to the stockholders. Again, it´s a good thing, but further information can help us to know if the company can invest in new projects, financing it with debt in a profitable way, for example, if Return on Assets is higher than debt rate.

Explanation:

B) Current ratio = Current Assets / Current Liabilities

Current ratio = 52,140 / 41,400

Current ratio = 1.26

C)Debt to Asset ratio = (Total Liabilities / Total Assets)*100

Debt to Asset ratio = (121,400 / 691,400)*100

Debt to Asset ratio = 18%

The current ratio measures a company's ability to pay short-term obligations or those due within one year, by relating current assets with current liabilities (liquidity ratio). The debt to total assets ratio shows the percentage of a company's total assets that were financed by creditors (financial ratio).

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4 years ago

Tony works at an auto assembly plant for a U.S. auto manufacturer. He manages a group of employees who measure the quality of pa

Pani-rosa [81]

Answer:

The correct answer is: supply chain management.

Explanation:

Supply chain management is the cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components and finished products from original suppliers to end-users. Supply chain management is crucial for most companies and can involve hundreds of links at large corporations, thus it requires considerable skill and expertise.

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4 years ago

A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company r

Lunna [17]

Answer:e. $3,700 gain.

Explanation:

Par value of Bonds =$100,000

Unamortized premium= $2,700

Carrying/ Book value of bonds= Par value of Bonds +Unamortized premium

= $100,000 + $2,700 =$102,700

Amount at which bonds retired $100,000 x 99% = $99,000

Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired

=$102,700- $99,000 = $3,700

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3 years ago