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2 years ago

Tom to a job at a grocery store during his summer break. At the end of the summer,

Business

2 answers:

Nonamiya [84]2 years ago

8 0

Answer:

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

Aleksandr [31]2 years ago

4 0

Answer:

the answer is

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

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SDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of $1,250.

alexandr1967 [171]

Answer:

Current ratio = 1.37 times

Quick Ratio = 1.15 times

Explanation:

The current ratio and quick ratios both are measures to assess the liquidity position of businesses. These are useful indicators of how well the business is equipped to meet its current obligations using its liquid assets.

To calculate these ratios, we must first determine the value of current assets. We are given the value of net working capital. The net working capital is the difference between the current assets and the current liabilities.

Net Working capital = Current assets - Current Liabilities

2060 = Current Assets - 5550

2060 + 5550 = Current Assets

Current assets = $7610

Requirement 1.

The current ratio is calculated as follows,

Current Ratio = Current Assets / Current Liabilities

Current ratio = 7610 / 5550

Current Ratio = 1.3711 rounded off to 1.37 times

Requirement 2.

The quick ratio is calculated as follows,

Quick Ratio = (Current Assets - Inventories) / Current Liabilities

Quick Ratio = (7610 - 1250) / 5550

Quick Ratio = 1.1459 rounded off to 1.15 times

6 0

3 years ago

Gross domestic product (GDP) may be calculated as the sum of ______. Multiple choice question. exports and imports only consumer

Alex777 [14]

Answer:

consumer spending, investment spending, government purchases of goods and services, and net exports.

Explanation:

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Gross domestic product (GDP) may be calculated as the sum of consumer spending, investment spending, government purchases of goods and services, and net exports (exports minus imports).

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

7 0

3 years ago

Drawing on material in the chapter and your own research, prepare a paper describing your views on the major social and legal is

atroni [7]

Answer: Online Sales Taxes

Explanation:

Taxes has grown much bigger for most online retailers, when the like of Amazon started selling products online they were not billed to pay tax, those taxed then where companies who had a building(structure) but now online stores are now subject to taxes.

Some of the tax are much that it affects sellers who are not able to break even and make profit, especially when they don't meet targets they've set for themselves.

7 0

2 years ago

The __________ is based on all the goods and services produced in the economy, which make it a current-weights index. eco203

podryga [215]

Answer:

The __Paasche Index or Current-Weighted Index_______ is based on all the goods and services produced in the economy, which make it a current-weights index.

Explanation:

The Current-Weighted Index is an index that calculates the weighted average of prices or quantities or with the weights used proportionate to the quantities or prices of the goods. At regular intervals, the weights have to re-calculated in line with the current realities. This regular re-calculation of the weights, which is the basis for its name, makes it current.

8 0

3 years ago

The objective of financial reporting is to provide useful financial information to capital providers.

Amiraneli [1.4K]

i think it is B

Explanation:

6 0

3 years ago