Answer:
National car rental provides a better overall service when compared to Enterprise car rental. National rental offers a more customer-focused service with better-quality cars in more convenient locations.
Explanation:
Answer: hello your question has some missing data attached below is the missing data
answer :
i) The current ratio is higher than lower quartile and this signifies good liquidity position
The Quick ratio is higher than the lower quartile and also higher than the median but it is lower than the upper quartile and this signifies that the value of inventory is been deducted from the current assets. to show solvency position.
ii)
Inventory Turnover Ratio is higher when compared to the industry ratios
Explanation:
<u>i) Based on each ratio </u>
The current ratio is higher than lower quartile and this signifies good liquidity position for east coast yachts but the value of the lower quartile been lower than the median and upper quartile represents a position of lower solvency
The Quick ratio is higher than the lower quartile and also higher than the median but it is lower than the upper quartile and this signifies that the value of inventory is been deducted from the current assets to show solvency position of the company.
<u>ii) The ratio can be interpreted as</u>
Inventory Turnover Ratio is higher when compared to the industry ratios i.e. Inventory is been turned into cash by maximum times/as many times as possible per year.
Answer:
No
Explanation:
Since in the question there is a situation given in which there is a telephonic conversation and later onwards the jewelry maker refused to accept the goods delivery or pay $65,000 as per the company
So this represents that there is no enforceable contract lies between the company and the jewelry maker as the agreement is not in writing so it would not be considered as a valid contract
hence, the answer is no
Answer:
initial public offering
Explanation:
Initial public offering is also known as IPO it alludes to the first run through an organization freely sells portions of its stock on the open market.
It alludes to the way toward offering portions of a private enterprise to general society in another stock issuance. Open offer issuance permits an organization to raise capital from open financial specialists.
They will likewise pick a trade wherein the offers will be given and consequently exchanged freely.
Answer:
Depreciation Expense for 2018; $10,528.57
Explanation:
On January 2, 2016
machine cost = $100,000
Useful life = 10 years
Annual depreciation = ($100,000 - $6000)/10
= $9,400
By early 2018,
Carrying amount of the machine
= $100,000 - 2($9,400)
= $100,000 - $18,800
= $81,200
Useful life is reassessed to 7 years (rather than 8) with a salvage value of $7,500
Annual Depreciation = ($81,200 - $7,500)/7
= $73,700/7
= $10,528.57
Depreciation Expense for 2018; $10,528.57
