Answer:
Explanation:
a. Current ratio = current assets/ current liability
= current assets= 2,300+5,700+3,500= 11,500
Current liability= 3,000+3700= 6,700
Current ratio = 11,500/3700
= 1.72
b. How much in current assets does Heart of Tennessee Telecom have for every dollar of current liabilities that it owes?
It has $1.72
Answer:
C. Your client can’t create an Adjusting Journal Entry.
Explanation:
In QuickBooks Online Accountant you (the accountant) make the adjusting journal entries, not your clients. It is like saying that you operate yourself while your doctor drinks coffee besides your bed.
the other options are wrong:
A. A Journal Entry cannot be used to account for depreciation of an asset. ⇒ FALSE, QuickBooks doesn't automatically depreciate an asset, the user must do this through journal entries.
B. The Accountant user can’t create an Adjusting Journal Entry in QuickBooks Online. ⇒ FALSE, when using QuickBooks Online Accountant you can create adjusting entries just like any other regular entry.
Answer:
Explanation:
Old Price 27363
Exchange Rate 2.01
USD Value 55000
the company has committed to sale at $55000 existing price for next six months.
No currency hedge contract has been made by jaguar, in such case due to appreciation of pound the value of dollar will decrease but due to commitment by jaguar not to fluctuate the cost the total amount receivable in pounds will decrease as compared to 6 months before
USD Value 55000
Exchange Rate 2.15
Price in Pounds 25581
Decrease in pounds = 27363-25581 = 1782 loss
The responsibility for answering the phones and filing correspondence in addition to the tasks is an example of extension.
<h3>What is an extension?</h3>
- An extension refers to doing an even wider range of tasks in addition to the tasks assigned.
- Task switching is a sort of multitasking that involves switching between several abilities, tasks, or cognitive sets.
- Multitasking is the practice of dividing one's attention among several skills, tasks, or cognitive sets.
- The process of working as an extension involves interspersing and overlapping the execution of various programs. This is frequently accomplished by taking advantage of the discrepancy between a computer's quick processing power and its slower input/output devices.
- If necessary, put off other chores so that one may focus entirely on the important ones when working as an extension.
- In order to do the assignment on time, one may need to make wise choices, such as calling off a meeting. A good leader may change with the times and deviate from the norm to deal with the problems at hand.
To learn more about Multitasking refer to:
brainly.com/question/15503594
#SPJ4
Answer:
$21.71%
Explanation:
Given that
Monthly saving = $760
Gross income = $3500
The computation of the savings ratio is shown below:-
Savings Ratio = (Monthly savings ÷ Gross Income) × 100
= ($760 ÷ $3,500) × 100
= $0.21 × 100
= $21.71%
Therefore for computing the saving ratio we simply divide gross profit by monthly saving and after a result we multiply by 100.
