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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

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prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense    $15,000

Variable administrative expense $6,000

Fixed administrative expense  $18,000

Total period Cost            $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000  

Fixed selling expenses         $15,000  

fixed admin expenses          $18,000

Total fixed cost                     $63,000

We simply added all the above items

7 0
3 years ago
Suppose the demand function for good X is given by:
fiasKO [112]

Answer:

Explanation:

Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6

Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2

Cross Elasticity = -0.2 / 0.8 = -0.4

7 0
3 years ago
Define the term supply chain, and describe the three components and the three flows of a supply chain.
Anuta_ua [19.1K]
<span>The term supply chain refers to the somewhat extensive process and means needed in transferring or transporting a product from the supplier to the customer. Supply chain uses both physical and information flows to achieve this end result. The three components of a physical flow of a supply chain are the transformation, movement, and storage of materials.</span>
7 0
3 years ago
Assume Dell's yearly inventory cost is 30 percent to account for the cost of capital for financing the inventory, the warehouse
JulijaS [17]

Answer:

See below

Explanation

1. Value of inventory sold

= $280 million in inventory + COGS $23,100 million

= $303,100 million

2. Cost of goods sold

From the above passage, we have been given the COGS , which is $23,100 million

3. Compute inventory turns

= Cost of goods sold / Average stock

= $23,100 million / $151,550

=

5 0
3 years ago
A man earns Rs.450 in a month and spends 85% of his income.what does he save?
Advocard [28]
He saves Rs. 67.5 (take 450 times .85- since its a % and then subtract that from 450)
8 0
3 years ago
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