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3 years ago

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.

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Menlove Corporation has provided the following cost data for last year when 100,000 units were produced and sold:

Nezavi [6.7K]

Answer:

Net operating income= $405,000

Explanation:

First, we need to calculate the unitary variable cost:

Total variable cost= 650,000 - 100,000 - 100,000= $450,000

Unitary variable cost= 450,000 / 100,000

Unitary variable cost= $4.5

Total fixed cost= 100,000 + 100,000= $200,000

Now, the net operating income for 110,000 units:

Sales= 10*110,000= 1,100,000

Total variable cost= 110,000*4.5= (495,000)

Total contribution margin= 605,000

Total fixed cost= 200,000

Net operating income= $405,000

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3 years ago

Melba receives most of her income from wages from her job as a high school teacher. She also receives supplemental income from f

kiruha [24]

Send a notarised letter to her employer requesting that they withhold additional amounts from her pay each month.

Option C

Explanation:

A certificate approved by a notary public is a notarised text. The notary public is a public officer who confirms the identity of everyone who signs the document, observes the signatures and seals the document.

If at the flat rate or the low marital rate they withhold.

Many deductions are claimed: any gain they claim decreases the amount deducted. In the case of a further refund: you will petition for a further amount of each paycheck that is withheld.

5 0

3 years ago

The number-one cash crop in the united states was marijuana prior to 1890.

Ede4ka [16]

A. True. Based on the history of marijuana and other cannabis products, Marijuana was the number-one cash crop in the united states prior to 1890. Marijuana is a depressant and does not contain nicotine. It is a schedule I controlled substance, according to U.S. federal regulations where there is approximately 77% of illicit drug users smoke marijuana. The use of marijuana for medicinal purposes is illegal in the U.S but legal in Canada. The "reverse tolerance" turns out to be due to variations in the manner in which the drug is ingested is one of the long-term effect of Marijuana.

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3 years ago

Theory x in business

scoray [572]

Motivation. Theory X assumes that people dislike work; they want to avoid it and do not want to take responsibility.Theory Y assumes that people are self-motivated, and thrive on responsibility.

4 0

3 years ago

You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorrow.

Vladimir [108]

Answer: $252,000

Explanation:

Property worth $275,000, 4 weeks ago had 3 bedrooms and 3 bathrooms.

House to be appraised has 3 bedrooms and 2 bathrooms meaning it has one less bathroom than the other house.

Value of bathroom is $15,000 so;

= 275,000 - 15,000

= $260,000

House to be appraised was worth $260,000 4 weeks ago.

Prices have been reducing at $2,000 per week for four weeks.

= 2,000 * 4

= 8,000

Value of house = 260,000 - 8,000

= $252,000

3 0

3 years ago

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

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