Answer:
B) 1.20
Explanation:
To find the current ratio we will divide current assets with current liabilities and find the quick ratio we just need to deduct inventory and prepaid expense from current assets in the same current ratio formula.
Data
Current assets = $7,900
Prepaid rent = $898
Inventory = $2,200
Current liabilities = $4,000
Solution
Current ratio = current asset/curremy liability
Current ratio = $7900/$4000
Current ratio = 1.975
Quick ratio = current asset - Inventories -prepaid rent / current liability
Quick ratio=$7,900-$2,200-$898/$4,000
Quick ratio = 1.20
I think the answer would B. to improve the image of its members
SORRY if it is wrong
Answer:
$1000
Explanation:
The cash received from the equipment sale is equals to the initial cost of the equipment which is $10,000 minus total accumulated depreciation on the equipment charged till date.
Total accumulated depreciation on the equipment=Opening balance of accumulated depreciation+depreciation charge for the year-closing balance of accumulated depreciation
Total accumulated depreciation on the equipment=$22,000+$4,000-$17,000
=$9,000
cash proceeds=$10,000-$9,000=$1000
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Hope This Helps!!!
Answer:
Yes, it is very much important to understand diversity for any kind of business all over the world particularly in the United States today, because it is very much true that we all are not the same in many ways. But managers, many times forget, bypass or surpass this fact. Managers should take individual differences into account, they definitely are required to consider them to get the most and maximum from their workforce. There are many reasons which should be kept in mind while understanding the diversity. Managing diversity definitely needs a certain atmosphere where people from different cultures, social background, and different in many others aspects like age, education, gender and race etc. can work together effectively with full coordination and cooperation. It enables people to attain their full potential at the workplace. It eliminates and removes all kind of discrimination among workers, moreover, it helps organisation to achieve their aims and goals. Managers need to manage diversity effectively if they want an increased access to the widest range of abilities, skills and ideas in the today's world. They should also know that the differences among workforce can surely and definitely lead towards misunderstanding, miscommunication and conflict.
