Answer:
quick ratio = 0.72
Explanation:
given data
sales = $200 million
inventory turnover ratio = 5.0
current assets totaled = $100 million
current ratio = 1.2
solution
we get here quick ratio so here
inventory turnover ratio = 
...............1
put here value
inventory = 
inventory = 40
and
now we get current liability
current ratio = 
...............2
put here value
current liability = 
current liability = 83.33
and here quick ratio
quick ratio = 
.............3
quick ratio = 
quick ratio = 0.72
I believe it really depends on the situation. When you are looking for a job, I think that IQ is definitely more important because you have to show your skills and knowledge. But once you've landed the job, everyone around you will have more or less the same IQ level as you. So this is where EQ comes into the picture. Not all people in your workplace will have the same EQ which means that it can have a significant effect on your success within your company, and afterwards, in life.
Answer:
Explanation:
December 31, 2017
DR Cash $30,868
CR Lease Receivables $20,569
CR Interest Revenue $10,299
(To record less payment receipt)
Workings
Interest Revenue
= ( Present Value - Rental Payment for year) * Interest Rate
= ($178,002 - $30,868 )*7%
= $10,299.38
= $10,299
Lease Receivables
= 30,868 - 10,299
= $20,569
Sales Agent makes an average income of nearly 67,000 dollars approximately per year
<u>Explanation:</u>
Sales agent performs the duty of selling and distributing the products to the customer. They also provide complete services regarding the products and duly take the responsibility in clearing an issue in the product.
Sales Agents perform various roles such as;
- Provides a complete description regarding the product along with its feature.
- Interact with business officials for future sale agreements.
- Maintains a friendly relationship with their customers.
- Progress towards rapid growth in selling more products.
