Answer:
The working capital is -$98.7 while the current ratio is 0.51 : 1
Explanation:
The working capital is the amount of capital that is available for the day to day operations of the business. The working capital represents the liquidity situation of the business. The working capital is calculated as follows,
Working Capital = Current Assets - Current liabilities
Working Capital = 102.5 - 201.2 = - $98.7
The current ratio is a measure of the liquidity of a firm that measures its capacity to pay its short term obligations. The current ratio tells us the amount of current assets available for every 4! of current liability.
Current ratio = Current Assets / Current Liabilities
Current ratio = 102.5 / 201.2
Current ratio = 0.51 : 1
Answer:
January Income = $0
February Income = 50% * ($4,900 - 2,300) = $1,300
March Income = 30% * ( $4,900 - $2,300) = $780
April Income = 20% * ($4,900 - $2,300) = $520
Explanation:
The amount received on the prepaid card will not be recognised in the amount because the revennue has not being recorgnized.
Answer:
Total liabilities: 42.41%
Explanation:
On a vertical analysis the balance sheet values are expressed as a percentage of total assets.
We will express the total liaiblities as a percentage of total assets.
The reasoning for this is kind of analysis is to compare the values as relatives rather than nominal values.
Regressive tax - larger proportion of lower-income earners’ total income is withheld, compared to high-income earners
A dole proprietor(the answer)(you’re welcome)