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solong [7]
3 years ago
9

Using the following year-end information for WorkFit calculate the acid-test ratio:

Business
1 answer:
ASHA 777 [7]3 years ago
7 0

Answer:

0.97

Explanation:

The computation of the acid-test ratio is given below:

= Quick assets ÷ current liabilities

= (cash + short term investment + account receivable + supplies) ÷ (accounts payable + wages payable)

= ($58,110 + $14,000 + $58,000 + $5,600) ÷ ($108,000 + $31,900)

= $135,710 ÷ $139,900

= 0.97

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The LM curve is steeper the ______ the interest sensitivity of money demand and the ______ the effect of income on money demand.
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The correct option is,  (d) smaller, greater.

  • The LM curve is steeper the smaller the interest sensitivity of money demand and the greater the effect of income on money demand.

<h3>What does a steeper LM curve mean?</h3>
  • The LM curve will be steeper if the income-elasticity of the demand for money is higher and the interest-elasticity is lower.
  • The LM curve is virtually vertical when the demand for money is generally indifferent to the interest rate.

<h3>What causes the LM curve to shift?</h3>
  • The LM curve shifts right as a result of monetary stimulation, or boosting the money supply, leading to higher output and lower interest rates.
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<h3>What is income sensitivity of money demand?</h3>
  • The greater the interest rate, as the minus sign suggests, the more likely people are to invest their money rather than have it available for consumption.
  • The income sensitivity of real money demand and the interest sensitivity of real money demand are the two variables that are regulated by sensitivity coefficients.

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8 0
2 years ago
carl's television stopped working just before the big game and he did not have enough money to purchase another television. he k
mihalych1998 [28]

Carl's Television Assume that there are no cases that have interpreted the statute and no statutory definitions that apply.We know 18 televisions sets contains 3 defective.

sets => 15 TV sets are ok.So the total number of possible ways for the hotel to buy = C = 43758

At least one of the defective sets, SO we need to find the probability for 1 defective sets, 2 defective sets and 3 defective sets.1. The number of ways the hotel purchases 8 of these televisions sets but have 1 defective one:P() = C * C =6435*3 = 19305

2. The number of ways the hotel purchases 8

of these televisions sets but have 2 defective

one:P(2) = C C = 5005*3= 15015

3. The number of ways the hotel purchases 8

of these televisions sets but have 3 defective

one:P(3) = C5 *=3003*1 = 3003

So the probability that the hotel receives at least

one of the defective sets =(P() + P(2) + P(3) ) /P= (19305 +15015 +3003 ) /43785*100% = 85.29%.

The number of ways the hotel can receive at

least one defective set in a purchase of 8 sets is

calculated using the combination.

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2 years ago
Which argument would most likely be made by the author of the following passage?
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The author of this passage that discusses the troubles farms face in covering their costs with funds from the government would most likely argue that farms rely too much on funding (specifically governmental funding), and they should attempt to make their own money if possible. Also the author would argue that government funding is often not enough and farms should attempt to raise their own funds or revenues privately. 
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____ can be produced independently of the consumer and then stored and shipped.
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Which statement is true?
Vikki [24]

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