NWC = 1,410 = Current Assets – Current Liabilities = CA - 5,810
=> CA = 1,410 + 5810 = 7,220
Current Ratio = Current Assets/Current Liabilities
= 7,220/ 5,810 = 1.24
Quick Ratio = (Current Assets – Inventory) / Current Liabilities
= (7,220 – 1,315)/ 5,810 = 1.02
Current ratio is 1.67
Quick ratio = 0.88
In general, an appropriate current ratio is one that is comparable to the industry norm or just a little bit higher. The likelihood of distress or default may be increased by a current ratio that is lower than the industry average.
In a similar vein, if a company's current ratio is significantly higher than that of its peer group, it suggests that management might not be making the most use of its resources.
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Answer:
A note receivable
Explanation:
A note receivable is a composed guarantee to get a particular measure of money from another gathering on at least one future dates. This is treated as a benefit by the holder of the note. Past due records receivable are some of the time changed over into notes receivable, in this manner giving the indebted person more opportunity to pay, while additionally once in a while including an individual assurance by the proprietor of the account holder.
Answer:
1) The cost of something is what you give up to get it
Explanation:
Manuel is giving up earning $ 12 in his job for an hour swimming. Where he also has to pay an entrance fee of $ 4 for the pool. The real cost to him for swimming an hour is: $16.
Answer:
Law of effect
Explanation:
This law was developed by Edward Thorndike
When Responses are followed by satisfaction, it causes people to become more attached to a situation. This is likely going to cause these people to continue doing things as they are doing them now. This is why if Carly uses positive reinforcement, her employees will do their jobs same way they are doing it now.
Conversely, if the situation is followed by discomfort, that is she uses punishments or extinction, the
employers will disconnect themselves from doing their jobs the same way they have been doing it.
Answer:
Check the explanation
Explanation:
Merger and acquisition. It is a general terminology used to mention consolidation of firms merger that takes place when two businesses join together to form a new organization.
While Acquisition is the buying of one firm by another company.
The following are the benefits of merger and acquisition in the airlines industry:
• Executes economies of scale
• Help obtain coordination effect
• Competitors restriction
• Improved resources allocation
The following are the drawbacks of merger and acquisition in the airlines industry:
• Cultural mismatch among companies during merger
•Antitrust
• Placing risk of acquired workers