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
Ainat [17]
3 years ago
15

Given the following information, analyze XYZ Company's liquidity. Year 2013 Total quick assets $30,000 Total current assets $40,

000Total current liabilities $22,000 Acid-test ratio 1.36 Current ratio 1.82 Industry acid-test ratio 70 Industry current ratio 1.65 A. They are more liquid than others in their industry. B. They are less liquid than others in their industry. C. They have sufficient quick assets to pay off short-term debt if needed. D. They don't have sufficient liquid assets to pay off short-term debt if needed.
Business
1 answer:
kogti [31]3 years ago
6 0

Answer:

  • A. They are more liquid than others in their industry.
  • C. They have sufficient quick assets to pay off short-term debt if needed.

Explanation:

The Acid-test and current ratios are used to measure the liquidity of a company with higher figures meaning more liquidity. XYZ Company has a both a higher acid-test and current ratio so they are more liquid than others in their industry.

The Acid-test and current ratio also enable one to find out if a company is able to pay off its current obligations/ liabilities using current assets. With the acid-test ratio being above one, XYZ is able to pay off short-term debt using quick assets.

You might be interested in
2x + 51 = 34. right???
11Alexandr11 [23.1K]
If you are solving for x, x should be -8.5
6 0
3 years ago
Which of the following items is a direct cost?
aleksandrvk [35]

Answer:

e) None of the above

Explanation:

We have different ways of classifying costs depending on the goal that is to be achieved. Costs basically fall into two categories, direct costs and indirect costs. Direct costs are costs that are exclusively incurred for the purpose of producing or buying a certain good or service, in fact, the cost came into being because of the existence of whatever is being costed. any cost that is not direct cost is indirect cost.

None of the costs in the question can be termed direct cost

4 0
3 years ago
Describe at least three exchange rate factors that are likely to attract foreign investors to a country's currency. Explain why
lana66690 [7]

Answer: 1. High Interest

2. Low Government Debt

3. Political Stability

Explanation:

Foreign Investors are Investors and investors always like to invest where there are prospects of growth and profit.

High Interest Rates give them the opportunity to invest their money in a currency that will give them a great return because a country where there are high interest rates imparts this on its currency which causes it to rise in value thereby giving currency holders a capital gain.

Another factor is Government Debt. A country with high Government debt will typically be unable to raise funds through the bond market easily. This shortage of funds can lead to inflation which devalues currency causing foreign currency investors to flee.

Finally there is the Political Factor (other factors exist). A stable country politically stands a better chance of maintaining a higher value currency that one with lower political stability. This is because political Stability attracts investors and as more investments come into a country, this reflects in its currency by making it stronger which will attract foreign currency investors.

6 0
4 years ago
Economists use , or a simplified representation of the real world. A. Technology b. Entrepreneurship c. Tradeoffs d. Economic mo
shusha [124]

the answer is is economic models because its a thesis or a more simple representation that would help explain and predict economic behavior in the real world.

3 0
3 years ago
Read 2 more answers
Zurasky Corporation is considering two alternatives: A and B. Costs associated with the alternatives are listed below: Alternati
allochka39001 [22]

Answer: $57,600

Explanation:

The differential Cost of Alternative B over Alternative A can be calculated by subtracting the various costs of Alternative B from A and then summing them up.

Materials

= Alternative B costs - Alternative A Costs

= 56,000 - 24,000

= $32,000

Processing Costs

Alternative B costs - Alternative A Costs

= 30,000 - 30,000

= $0

Equipment Rental

= Alternative B costs - Alternative A Costs

= 28,100 - 10,200

= $17,900

Occupancy Costs

= Alternative B costs - Alternative A Costs

= 26,800 - 19,100

= $7,700

Adding them all up we get,

= 7,700 + 17,900 + 32,000

= $57,600

$57,600 is the differential cost of Alternative B over A.

8 0
3 years ago
Other questions:
  • HELPP ME PLEASE!! NEED THIS DONE IN TWO DAYS!!! 1. Develop a marketing plan for the business you described in Final Assignment A
    15·1 answer
  • What types of information does a W-2 form contain? Check all that apply.
    6·2 answers
  • True or false: job descriptions are generally updated as job duties or job specifications change
    6·1 answer
  • Data for a Poisson with mean 10 A BigJet flight from Philadelphia to Boston has 60 seats. The high fare is $400 and the low fare
    5·1 answer
  • Dixon Company purchased a depreciable asset for $32,000. The estimated salvage value is $4,000, and the estimated useful life is
    7·1 answer
  • When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,
    8·1 answer
  • Riverview Inc. reports the following balances and amounts. The following information is presented in random order. Accounts paya
    15·1 answer
  • Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company enco
    7·1 answer
  • Bramble Corp. has been using the LIFO method of inventory valuation for 10 years, since it began operations. Its 2020 ending inv
    15·1 answer
  • Otool Incorporated is considering using stocks of an old raw material in a special project. The special project would require al
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!