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AleksandrR [38]
3 years ago
13

Which of the following is a characteristic of utility?

Business
1 answer:
klasskru [66]3 years ago
4 0

Answer:

It is synonymous with "usefulness".

It is subjective

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The Balance sheet of Mister Ribs Restaurant reports current assets of $30,000 and current liabilities of $15,000.a. Calculate th
Pani-rosa [81]

Answer:

<u>Current Ratio = 2; Yes</u>

Explanation:

First, to solve for current ratio, simply divide the current assets by the current liabilities.

So the current ratio would be $30,000 / $15,000 resulting to <em><u>2</u></em>

Now, a current ratio greater than one means that <u>Mister Ribs will be able to pay its current liabilities as they come due in the next year.</u>

However, because the current ratio at any one time is just a snapshot, it is usually not a complete representation of a company’s liquidity or solvency.

4 0
3 years ago
A lower control limit must by definition be a value less than an upper control limit. True or false
SVEN [57.7K]

Answer:

True

Explanation:

  • The lower control limit is a limit of the quality control characteristics that describe the common cause of variations form the natural control process,  that horizontal lines that are drawn in the distance of plus and minus 3.  Found usually in the six sigma model of the quality deviation.
5 0
3 years ago
Cost of Merchandise Sold
galben [10]

Answer:

$441,000

Explanation:

The computation of the cost of merchandise sold is shown below:

Cost of merchandise sold = Opening inventory + net purchase - ending inventory

where,

Opening inventory  = $14,500

Net purchase is

= $475,000 - $15,000 - $9,000 + $7,000

= $458,000

And, the ending inventory is $31,500

So, the cost of merchandise sold is

= $14,500 + $458,000 - $31,500

= $441,000

4 0
2 years ago
What you mean of economical and effective utilization of resources in food service management?
Mekhanik [1.2K]
Food security is defined by the Food and Agriculture Organization (FAO) as: ... Access covers economic and physical access to food. Improving access requires better market access for smallholders allowing them to generate more income from cash crops, livestock products and other enterprises.

Hope it helps you my dear:)
Plss mark me as brainliest :) thanks
3 0
2 years ago
An investor is considering a $25,000 investment in a start-up company. She estimates that she has probability 0.2 of a $15,000 l
lozanna [386]

Answer:

$21,000

Explanation:

initial investment $25,000

we need to determine the expected value of every possibility:

  • $15,000 loss ⇒ 20% x $10,000 = $2,000
  • $29,000 loss ⇒ 15% x $5,000 = $750
  • $40,000 gain ⇒ 5% x $65,000 = $3,250
  • break even ⇒ 60% x $25,000 = $15,000

total expected value = $21,000

8 0
3 years ago
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