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
DaniilM [7]
2 years ago
8

How do I calculate current ratio

Business
2 answers:
pav-90 [236]2 years ago
7 0
Do you mean ratio in like math ?
myrzilka [38]2 years ago
6 0
Uh what are you asking for
You might be interested in
It is generally agreed internationally that the one thing that can most readily undermine equity, efficiency and integrity in th
KiRa [710]

Answer:

Bribery

Explanation:

Bribery is an act of influencing someone's behavior to obtain an undue advantage through giving or receiving unearned rewards .It can be in the form of gifts , money , preferred treatment , and other form of favor , but what actually defines a bribe is the intention behind the gifts.

It  has a lot of negative effects either directly or indirectly on the public as it undermines equity , efficiency , integrity in the public service , undercut public confidence in markets , adds to transaction cost and effects the safety and well being of the general public .

3 0
3 years ago
Barry's Hobbies produces and sells a luxury animal pillow for $80.00 per unit. In this month of operation, 3,000 units were prod
Vika [28.1K]

Answer:

Net operating income= 43,000

Explanation:

Giving the following information:

Selling price= $80

Production= 3,000 units

Sales= 2,750 units

Variable manufacturing costs $38 per unit

Variable marketing costs $ 2 per unit

Fixed manufacturing costs $60,000 per month

Administrative expenses, all fixed $12,000 per month

Ending inventories:

Finished goods 750 units

<u>Under the absorption costing method, the cost of goods sold includes the fixed manufacturing overhead. We need to calculate the unitary fixed overhead:</u>

Fixed unitary overhead= 60,000/3,000= $20 per unit

Income statement:

Sales= 2,750*80= 220,000

COGS= 2,750*(38 + 20)= (159,500)

Gross profit=  60,500

Variable marketing= 2,750*2= (5,500)

Administrative expenses= (12,000)

Net operating income= 43,000

4 0
2 years ago
During the year, Bears Inc. recorded credit sales of $620,000. Before adjustments at year-end, Bears has accounts receivable of
AleksandrR [38]

Answer:

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

Explanation:

given data

credit sales = $620,000

accounts receivable = $320,000

past due = $55,000

credit balance = $2,600

rate = 7 %

rate = 22 %

solution

so here Not yet past due is = $320,000 - $55,000 -

Not yet past due = $265,000

and

past due = $55,000

so  Required provision is

Required provision = $265,000 × 7 % + $55,000 × 22 %

Required provision = $30650

and

Opening balance is $2,600

so

Required expense for year = $30650 - $2,600

Required expense for year  = $28050

so here

correct entry is

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

8 0
3 years ago
Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. In millions 20
Delvig [45]
The answer is 20 because 30 is 20 but in a different hdhwgegdhdhbshehdhdb way
6 0
3 years ago
Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 20
satela [25.4K]

Answer:

net income during 2019 = $109,045

Explanation:

total stockholder equity 2018 = assets - liabilities = $293,500 - $79,245 = $214,255

total stockholder equity 2019 = assets - liabilities = $497,512 - $177,212 = $320,300

change in equity from 2018 to 2019 = $106,045

$33,000 can be explained by additional capital invested, and the remaining  $73,045 corresponds to change in retained earnings

change in retained earnings = net income - dividends distributed

$73,045 = net income - $36,000

net income = $109,045

7 0
3 years ago
Other questions:
  • On January 1, 2020, Snitchy Company purchased a tractor-trailer rig for $188,000.
    8·1 answer
  • Carly is a manager at a business. when she has a job opening, she regularly does internet searches on the applicants to see if t
    14·1 answer
  • To encourage customers to open a mail offering them a subscription to home companion, a home furnishings magazine, the front of
    10·1 answer
  • What annual growth rate is needed for a country to double its output in each of the following cases? Instructions: Round your an
    11·1 answer
  • Jason works for a restaurant that serves only organic, local produce. What
    12·2 answers
  • Alex, a Nevada developer, has a very large development of attached retirement villas. He is interested in advertising this devel
    10·1 answer
  • On January 1 of this year, Shannon Company completed the following transactions (assume a 10% annual interest rate): (FV of $1,
    11·1 answer
  • If nike started selling new shoes
    5·2 answers
  • Name two kind of businesses that you could start in the fashion industry and explain what skills you would need to start them.
    13·1 answer
  • How long do you have to be employed to buy a house.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!