Net worth is the value of all the non-financial and financial assets
owned by an institutional unit or sector, minus the total of all its
outstanding liabilities. The value of all of the Worthingtons assets
Worthingtons have a net worth of $412,700. The Answer is b.
Answer:
$1,350,000
Explanation:
The computation of the amount of cash payments to stockholders is shown below:
= Beginning balance of dividend payable + cash dividend declared - ending balance of dividend payable
= $250,000 + $1,200,000 - $100,000
= $1,350,000
To find out the amount of cash payments to stockholders we added the cash dividend declared and deduct the ending balance of dividend payable to the beginning balance of dividend payable
Answer:
2.42 times
Explanation:
The computation of the acid test ratio is shown below:
Acid test ratio = Quick Assets ÷ Current liabilities
where,
Quick Assets = Cash + short term investment + account receivable
= $4,500 + $50,500 + $66,000
= $121,000
And, the current liabilities is $50,000
So the acid test ratio is
= $121,000 ÷ 50,000
= 2.42 times
Basically we applied the above formula to find out the acid test ratio
Answer:
The correct answer is: raise interest rates and restrict the availability of bank credit.
Explanation:
A restrictive monetary policy is also known as contractionary monetary policy. It aims to decrease the aggregate demand by reducing the supply of money in the economy.
It involves a number of tools that raise the interest rate and make borrowing expensive. In this way, it restricts liquidity in the economy.
There are a number of tools that can be used to implement this policy, for instance, sale of securities in the open market, increasing discount rates, increasing reserve ratio, etc.
Answer: diffusion
Explanation:
Diffusion of innovation has to do with the spread of a particular innovation. We should note that the innovation was successful in Japan, and the Japanese accepted it.
The fact that it did well speaks to the diffusion of that innovation and the role that the Japanese partner played in addressing the specific cultural issues.