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
vaieri [72.5K]
3 years ago
8

Hilton's​, a​ home-improvement store​ chain, reported these summarized​ figures:_______.

Business
1 answer:
Nataly_w [17]3 years ago
8 0

Answer:

a. 2017 ⇒ 1.50

   2016 ⇒1.58

b. Deteriorate

Explanation:

a. Current ratio 2017

= Current Assets / Current liabilities

= 6,708,700 / 4,470,000

= 1.50

Current ratio 2016

= 5,848,000 / 3,700,000

= 1.58

b. The current ratio went from 1.58 in 2016 to 1.50 in 2017 which would mean that it deteriorated.

You might be interested in
Which of the following is true of accrual basis accounting and cash basis​ accounting? A. Cash basis accounting records all tran
Fed [463]

Answer: Option C is true about Accruals basis

Explanation:

Cash basis states that transactions are only recognized when cash is received and paid. Some of the short comings of the cash basis was it didn’t regard the period in which transactions occured, etc

Accrual basis states that revenue is recognized when earned and expenses when incurred and not when cash is received or paid.

Option 1 is wrong because cash basis only records cash transactions.

Option 2 is wrong because Accruals basis is recognized by GAAP

8 0
3 years ago
Read 2 more answers
Why is Earned Value a very powerful tool? Answer: It combines the cost, scope, and ____________ as an integrated tool to calcula
nataly862011 [7]
Answers
1) Time
2) cost analysis or performance measurement.

Explanation


Earned value — it integrates cost, time and the work done (or scope) and can be used to forecast future performance and project completion dates and costs...
7 0
3 years ago
Pat manages the customer care department of her firm. She is very happy with her team of 15 customer care representatives​ who'v
Serggg [28]

Answer:

Motivation

Explanation:

<em>Motivation in work is when employees are incentivized due to their good performance</em>, this happens when they provide the company a greater value. There are two kinds of motivation:

  • Internal: it includes emotions and thoughts, <em>in the exercise given this internal motivation is letting the team know that they are doing good</em>
  • External: includes salary and work environment, <em>in the case given the bonuses are the external motivation</em>

I hope you find this information is useful and interesting! Good luck!

3 0
3 years ago
Based on your understanding of P/E ratios, in which of the following situations would the average trailing P/E ratio (current pr
bija089 [108]

Answer:

The outlook for the economy and the markets is for an improvement.

Explanation:

p/e ratio = price / earning

the higher the equity, the lower the ratio

If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .

this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook

8 0
3 years ago
If an application asks you to indicate a salary range, you should
goldfiish [28.3K]

Answer:

What to Put for Desired Salary on Job Applications. The best way to answer desired salary or salary expectations on a job application is to leave the field blank or write 'Negotiable' rather than providing a number. If the application won't accept non-numerical text, then enter “999,” or “000”.

Explanation:  *write "open" or "negotiable"

4 0
3 years ago
Other questions:
  • Which 3 statements regarding Bank Rules are true? (Select all that apply)
    11·1 answer
  • The common stock of Securetech Corporation consistently sells at a market price of 20 times earnings, i.e., at a p/e ratio of 20
    15·1 answer
  • Without quality, the firm's products: a. can compete effectively on the basis of low price. b. must be exported to developing co
    11·1 answer
  • A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the origin
    9·1 answer
  • Suppose total U.S. exports in the month of June were $123.8 billion and total imports from foreign countries were $191.5 billion
    14·1 answer
  • Al's Bakery has a checkbook balance of $1,650. A $700 deposit was made today and will be added to the available balance tomorrow
    10·1 answer
  • The aggregate demand curve is downward sloping because as the price level increases the purchasing power of wealth decreases pur
    15·1 answer
  • AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and
    8·1 answer
  • The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save mo
    14·1 answer
  • Please help!!!!!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!