Answer:
2nd place
Explanation:
I feel like this is the right answer, I'm just guessing.
Answer:
a. 1.5 and 1.8
b. Montana
Explanation:
Below is the calculation for the current ratio:
a. Formula used, Current ratio = Current assets / Current liabilities
Current ratio of Kansas = 59000 / 40000 = 1.5
Current ratio of Montana = 78000 / 43000 = 1.8
b. The company that has a higher current ratio will have a greater likelihood to pay bills so Montana is the correct answer.
Answer:
u get free stuff out of it
It is important to include a person's title when developing a reference sheet because it gives credit to the person
Answer:
$1,240,000
Explanation:
Given that,
Net income = $1,000,000
Pretax foreign currency translation adjustment = $400,000
Unrealized pretax loss on debt securities = $80,000
Effective tax rate = 25%
Total other comprehensive income:
= Foreign currency translation adjustment - Loss on debt securities
= [$400,000 × (1 - 25%)] - [$80,000 × (1 - 25%)]
= ($400,000 × 0.75) - ($80,000 × 0.75)
= $300,000 - $60,000
= $240,000
Comprehensive income:
= Net income + Total other comprehensive income
= $1,000,000 + $240,000
= $1,240,000
