Based on the information given the current ratio is:1.4.
<h3>Current ratio</h3>
Using this formula
Current ratio=Current assets/Current liabilites
Where:
Current assets=$191,800
Current liabilities=$137,000
Let plug in the formula
Current ratio=$191,800/$137,000
Current ratio = 1.4
Inconclusion the current ratio is:1.4.
Learn more about current ratio here:brainly.com/question/2686492
Explanation:
putting x = 1, and z = 19
ATQ
z + x + 8°
= 19° + 1 ° + 8 °
= 28°
Answer:
c. 50 percent
Explanation:
The amount of tax to paid by Tim on the second income he earned during the year shall be calculated as follow:
Amount of tax on 2nd income=21,000-(20%*30,000)
=21,000- 6,000
=$15,000
Marginal tax rate on 2nd income=Amount of tax on 2nd income/2nd income earned during year
Marginal tax rate=15,000/30,000=50%
So the answer is c. 50 percent
Most defiantly B) Corporation
Answer:
the total cost to be accounted for under the weighted-average method would be: $172,000
Explanation:
Hint : Total Cost of Inputs must equal Total Costs of Outputs
<u>Total Cost To be Accounted for is calculated as follows:</u>
Cost of Ending Work in process Inventory $21,000
<em>Add</em> Cost of units transferred out from the department $151,000
Total Cost To be Accounted for $172,000
