Pick the correct statement from below. a. Stocks can only be assigned one dividend growth rate. b. Preferred stocks generally ha
1 answer:
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Answer:
acid-test ratio 1,4044
Explanation:
We are asked for a variation ofthe current ratio
whie current ratio is determinate like:
the acid-test will remove inventory from the current assets, leaving only cash, marketable securities and accounts receivables considered for the calculations:
191,000 current assets - 85,000 inventory = 106,000
136,000 current liabilities
191,600 / 136,000 = 1,4044
Answer:
Johnson & Johnson make $51,433.28 every 20 seconds
Explanation:
<u><em>The complete question is</em></u>
I'm playing a riddle game thing and one of the questions is
"How many dollars does Johnson & Johnson make every 20 seconds?"
I found that they make 81.1 billion dollars yearly, but I have no clue how to get it to 20 seconds.
Remember that
1 year=365 days
1 day=24 hours
1 hour=60 minutes
1 minute=60 seconds
so
Convert year to seconds
1 billion=1,000 millions
1 billion=1*10^9
81.1 billion dollars=81.1*10^9 dollars
we have
Convert to $/sec
Multiply by 20 sec
therefore
Johnson & Johnson make $51,433.28 every 20 seconds
The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.
<h3>What is meant by total cost?</h3>Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.
Given values:
Cost of direct materials: $50,000
Cost of direct labor: $25,000
Cost of overheads: $12,500 ($25,000 X 50%)
Computation of total job cost:
Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.
Learn more about the overhead cost in the related link:
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