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3 years ago

rialto company collected $5,000 on account. what impact will this transaction have on the firm's current ratio

Business

1 answer:

VikaD [51]3 years ago

7 0

Answer:

There would be NO IMPACT

Explanation:

From the question, we are informed about, rialto company collected $5,000 on account. In this case there will be no impact of this transaction on the firm's current ratio. The collection on account can be regarded as exchange of asset transaction, any increase change in current asset account cash, then there will be decreases in Accounts Receivable , the ration of current asset to current liabilities gives the current ratio, there is no impact of transaction on the current ratio, since the transaction doesn't affect both the

current asset to current liabilities

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3 years ago

ABC Inc needs to raise $111 million to expand operations. The CFO plans to sell 15-year zero-coupon bonds to fund the project. B

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Answer:

$207.06 million

Explanation:

First and foremost, it should be borne in mind that the price of a zero-coupon bond is the present value of its face value since the bond does not pay any coupons over its tenor as shown thus:

PV of bonds=FV/(1+i)^n

PV of bonds=amount required=$111 million

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3 years ago

Customer: your product is priced too high! salesperson: i understand you are concerned about the value of the product. this is a

shepuryov [24]

C. Restate the objection. Exchanging "price" for "value".

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4 years ago

December 31 2017 2016 Accounts receivable $43,060 $34,630 Inventory 30,370 39,870 Prepaid rent 16,820 15,120 Totals $90,250 $89,

morpeh [17]

Answer:

Net cash from operating activities is $57,220.

Explanation:

Using the indirect method, the Operating Activities section of the statement of cash flows can be prepared as follows:

Statement of Cash Flows

(Operating Activities Section Only)

<u>Details $ </u>

Net income 35,890

Adjustment to reconcile net income:

Depreciation expense 18,040

(Increase) decrease in current assets:

Increase in accounts receivable ($34,630 - $43,060) (8,430)

Decrease in inventory ($39,870 - $30,370) 9,500

Increase in prepaid rent ($15,120 - $16,820) (1,700)

Increase (decrease) in current liabilities:

Increase in accounts payable ($25,610 - $19,430) 6,180

Decrease in income taxes payable ($5,970 - $10,500) (4,530)

Increase in interest payable ($14,710 - $12,440) <u> 2,270 </u>

Net cash from operating activities <u> 57,220 </u>

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3 years ago

Tom's Art Supplies used to sell art supplies through mail order catalogs, but the company's order takers often had difficulty d

murzikaleks [220]

Answer:

This answer is incomplete, it misses the options. The options are the following:

a. reaching new customers

b. reducing costs

c. increasing accuracy

d. increasing quantity ordered

And the correct answer is the option C: increasing accurancy

Explanation:

To begin with, given the fact that the company's order takers often had difficulty deciphering their customers' handwritting on the order forms then the best action taken was to switched to an online e-commerce site due to the fact that now when a customer is looking forward to buy a product from the company then they just have to type it on the computer and therefore there will be no problem with the comprehension of the writting of the clients as before, in that way, allowing the company to enjoy the advantage of increasing the accurancy of the sales.

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3 years ago