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
Alisiya [41]
3 years ago
13

A company's current assets are $26,420, its quick assets are $15,090 and its current liabilities are $12,520. Its acid-test rati

o equals:
Business
1 answer:
Debora [2.8K]3 years ago
8 0

Answer: 1.21

Explanation:

Acid test ratio is also referred to as the quick ratio and it is calculated as:

Acid-Test Ratio = Quick Assets / Current Liabilities

where,

Quick assets = $15090

Current liabilities = $12520

Acid test ratio = $15090 / $12520

= 1.2052

= 1.21

You might be interested in
Pizza hut provides the use of its name plus operating know-how to companies in costa rica in return for a fee plus a percentage
Lana71 [14]
What are you supposed to know? edit it in the question in oarenthesis, i might know
5 0
4 years ago
Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savi
8090 [49]

Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.

<h3>Why should Savion sell the car?</h3><h3 />

The profit if he works on the car is:

= Selling price - Addtional work cost

= 5,800 - 2,400

= $3,400

The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.

The $4,000 is irrelevant as it is a sunk cost.

Find out more on sunk costs at brainly.com/question/13695005.

#SPJ1

7 0
2 years ago
What type of team is composed of workers from different functional departments of the organization who meet together in an attem
vredina [299]

Answer:

Cross-functional teams

Explanation:

A cross functional team is one in a company that consist of different individuals from the different departments of the company. It is a kind of multi-disciplinary approach to provide a working and adequate solution to the problem of the company at hand.

Hence, these cross functional teams consist of individuals from different departments of the company to see how a particular challenge facing the company

3 0
3 years ago
The Government in Sunshine Act requires agency business meetings to be open to the public even if the agency is headed by a non-
artcher [175]

Answer:

False

Explanation:

Sunshine Act requires a collegial body to head a meet with a quorum present. The meeting must have been announced some time before it is held unless it is an urgent meeting.

4 0
3 years ago
Read 2 more answers
Under what driving conditions can 2019 Kicks’ available Rear Cross Traffic Alert (RCTA) warn the driver if a vehicle is approach
Kisachek [45]

Answer:

<h2>While backing up the vehicle.</h2>

Explanation:

Nissan is a Japanese automobile manufacturing company. Kicks is its subcompact SUV currently in production since 2016. RTCs is a unique feature of this car. It is a driver assist technology, it scans both the rear sides of the car and warns the driver if a vehicle is approaching from either side while parking the vehicle. Others features offered with the car are Automatic Emergency Braking with Pedestrian Detection, Rear Automatic Braking and Blind spot warning, Lane Departure Warning, High Brake Assist

5 0
3 years ago
Other questions:
  • Which one of the following services should not be performed by a home inspector? A. Reporting of information about necessary rep
    7·1 answer
  • Louise Bragan has a sideline business of carving candlestick holders. She began by hand carving them with simple tools. On avera
    6·1 answer
  • Jade International is a highly diversified global firm with headquarters in New Jersey. It manufactures a variety of products ra
    15·1 answer
  • g suppose that bigbucks company pays a dividend this year of $7 per share. You expect the dividend to grow by 2% per year, so yo
    11·1 answer
  • In the initial Cournot duopoly​ equilibrium, both firms have constant marginal​ costs, m, and no fixed​ costs, and there is a ba
    5·1 answer
  • You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. The
    8·1 answer
  • When does the irs start accepting tax returns with dependents?.
    14·1 answer
  • What are some potential problems or limitations with this approach of using tesla as a representative company for smi? what impr
    9·1 answer
  • 3.Part 2 Management agency agreement – complete and submit for marking Maria’s agreement only.
    9·1 answer
  • TRUE/FALSE. Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has be
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!