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Troyanec [42]
3 years ago
11

MC Qu. 160 Webster Corporation's monthly... Webster Corporation's monthly projected general and administrative expenses include

$4,300 administrative salaries, $1,700 of other cash administrative expenses, $2,200 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $27,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.
Business
1 answer:
Cloud [144]3 years ago
5 0

Answer:

the total general and admin expense is $8,200

Explanation:

The computation of the total general and admin expense is given below:

Administrative salaries $4,300

Other cash administrative expenses $1,700

Depreciation  $2,200

General and administrative expenses budget $8,200

hence, the total general and admin expense is $8,200

We simply added the above 3 items so that the correct value could come

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adoni [48]

Answer:

b.used to evaluate a company's liquidity and short-term debt paying ability.

Explanation:

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The current ratio is sometimes referred to as the “working capital” ratio and helps investors understand more about a company’s ability to cover its short-term debt with its current assets.

A company with a current ratio less than one does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a current ratio greater than one indicates the company has the financial resources to remain solvent in the short-term.

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Answer:

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3 years ago
In the 1990s, the russian people lost confidence in the value of the ruble, and many were no longer willing to sell goods and se
hodyreva [135]
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