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Oksi-84 [34.3K]
3 years ago
8

The following financial statement information is available for Houser Corporation: 2012 2011 Inventory $ 44,000 $ 43,000 Current

assets 81,000 106,000 Total assets 432,000 358,000 Current liabilities 30,000 36,000 Total liabilities 102,000 88,000 The current ratio for 2012 is Group of answer choices .37:1. 2.7:1. .79:1. 4.24:1.
Business
1 answer:
Burka [1]3 years ago
5 0

Answer:

2.7:1

Explanation:

Calculation to determine what The current ratio for 2012 is

Using this formula

The current ratio for 2012= Current assets/Current liabilities

Let plug in the formula

Current ratio for 2012= ($81,000/$30,000)

Current ratio for 2012=2.7:1

Therefore The current ratio for 2012 is 2.7:1

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Mr. Smith wishes to retire in 16 years. When he retires he would like to have $300,000 in his bank account. Mr. Smith's bank pay
Romashka [77]

Answer:

$87,567.14

Explanation:

For computing the amount deposited for attaining the goal we need to apply the present value which is to be shown in the attachment

Provided that,  

Future value = $300,000

Rate of interest = 8%

NPER = 16 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $87,567.14

3 0
3 years ago
An blank is a person who risks time and money to start and manage their own business
Harrizon [31]

Answer:

Entrepeneur

Explanation:

The entrepeneur is the person that is willing to take the financial risk linked to open up a business with the desire of obtain a profit.

5 0
4 years ago
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Your manager has asked you to recommend which one of two new types of digital camera to buy for your company's publications depa
Cerrena [4.2K]

Answer:

website

Explanation:

Based on the information provided within the question it can be said that the best source of information for this scenario would be a website. Any website that provides information regarding the specs and abilities of the cameras that you are considering purchasing would provide the most helpful information in your decision buying process.

7 0
4 years ago
The own price elasticity of Anne’s apple pies is 5.
spin [16.1K]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Given:

Price elasticity of Anne’s apple pies = 5

Aggregate market price elasticity = 1.25

Anne’s apple pies have an approximate market share = ?

Computation of Anne’s apple pies have an approximate market share:

Anne’s apple pies have an approximate market share = (Aggregate market price elasticity / Price elasticity of Anne’s apple pies) × 100

Anne’s apple pies have an approximate market share = (1.25 / 5) × 100

Anne’s apple pies have an approximate market share = (0.25) × 100

Anne’s apple pies have an approximate market share = 25%

8 0
4 years ago
A buyer’s agent represents the buyer, and the seller’s agent represents the broker true or false?
lianna [129]

Answer:

yes the answer is true

Explanation:

there u go

8 0
3 years ago
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