1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
solong [7]
3 years ago
7

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

You might be interested in
Bob was married to Sandy, and they have a 12-year-old son. Sandy passed away last year. Bob needs to complete his federal income
lukranit [14]

Answer:

Qualifying widower with a dependent child

Explanation:

By filing as a widower with dependent child (the child is a necessary qualification requirement), Bob can use the same tax bracket and retain the same benefits as filing as married. This means that his income will be taxed at a lower rate than if he had filed as single, and he will obtain the same deduction as a married couple (twice the deduction for a single filer).

6 0
3 years ago
Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? check a
Schach [20]
<span>paying higher wages increases worker turnover YOUR ANSWER

</span>
<span>higher wages attract a more competent pool of workers YOUR ANSWER

the rest really do not apply.
</span>
6 0
3 years ago
If one firm has a higher total debt to total capital ratio than another, we can be certain that the firm with the higher total d
vodomira [7]

Answer:

True

Explanation:

Total debt to total capital ratio, also known as D/C ratio is a ratio that measures a company's capital structure, financial solvency, and degree of leverage, at a particular point in time.

While the Times Interest Earned (TIE) is a ratio which measures the ability of an organization to pay its debt obligations.

So A company with high debt-to-capital ratios, compared to a general or industry average, may show weak financial strength and hence would have a lower ability to pay its debt obligations one which the TIE ratio measures.

8 0
3 years ago
Gracious Ltd." is a US based company. The company plans to tap the Indian capital market through its forthcoming issue of equity
Mariana [72]

Answer:

1. Global depository receipts

2. External commercial borrowing

3. American depository receipts

4. Foreign currency convertible bonds

Explanation:

1. Global depository receipts. When a company buys shares of a foreign company, a certificate will be issued by the local depository bank, which allows for security supported by the shares purchased.

Here, Gracious ltd could raise funds by buying of shares in a company in India hence gives the company an avenue to hold shares in foreign country.

2. External commercial borrowing. These are loans granted to viable companies outside of India who are venturing into commercial businesses. Before theses loans are given, there is what is called eligibility status; which must be reviewed and thus confirm with the reserved bank of India before such loans are given.

3. American depository receipts. These are negotiable capital market instruments, issued by a bank in the United States, which shows the number of shares held by a foreign company, trading in the US capital market. A company could use this as a way of raising funds in the India capital market because it is well backed by the bank in the country where the company is.

4. Foreign currency convertible bonds. Here, a bond is issued in a different currency distinct from the issuer's local currency. What this means is that the money being sought for by the issuing company comes in a foreign currency denomination.

3 0
3 years ago
Patterson’s patties is a fast-food hamburger chain with over 1,000 locations worldwide. Recently, the company has been dealing w
o-na [289]

The communication medium that will be used in this scenario is the use of SMS to pass the information to them.

<h3>What is communication?</h3>

It should be noted that communication is the process by which information is exchanged between individuals through a common system of symbols, or behavior.

Communication is the act of giving, receiving, and sharing information and good communicators listen carefully, speak or write clearly, and respect different opinions.

For communicating with customers, I would use a medium of SMS to the customer's registered mobile numbers and social media to inform them regarding the problem.

This would help to reach out to customers far and wide and this communication can be executed within a short span of time, as is the requirement of the situation.

To communicate with the home office employees, who are 20 in number, I would suggest using voice calling them to take necessary measures and ensure the safety and health of consumers.

Learn more about communication on:

brainly.com/question/26152499

#SPJ1

6 0
2 years ago
Other questions:
  • Exercise C The marketing department of Specialty Coffees estimates the following monthly demand for espresso in these four price
    10·1 answer
  • By combining their resources and developing shared goals, procter &amp; gamble and walmart were able to increase the value to th
    6·1 answer
  • Manuel sued Patricia on a promissory note. Patricia admitted signing the note, but raised the defense that Manuel was not a hold
    13·1 answer
  • Rennie Norquist is a recent law school graduate. She is employed at Dillard Dobbs Dooley &amp; Duncan, LLP, a 200 lawyer firm. R
    15·1 answer
  • Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity.
    9·1 answer
  • Woodwick Company issues 9%, five-year bonds, on December 31, 2014, with a par value of $96,000 and semi-annual interest payments
    5·1 answer
  • When a firm uses a mathematical model to identify the price at which the firm will make the most money possible, it is implement
    10·1 answer
  • The Depression transformed and shattered the expectations of the ""American way of life."" Which are examples of the new reality
    5·1 answer
  • In the 1920's, the danger of buying stock on margin was that if the value of the stock dropped, borrowers _____.
    12·2 answers
  • Mr. Brown wants to buy a Tesla Model S car, whose price is $100, 848. The dealer offers a loan plan: $30, 000 downpayment, $X at
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!