Answer:
Current Ratio: 2.49; 2.7; 1.75
Acid test ratio: 1.32; 0.64; 0.65
Explanation:
Current ratio
For Camaro:
= Current assets ÷ Current liabilities
= $ 5,915 ÷ $2,380
= 2.49
For GTO:
= Current assets ÷ Current liabilities
= $3,780 ÷ $1,400
= 2.7
For Torino:
= Current assets ÷ Current liabilities
= $6,900 ÷ $3,950
= 1.75
Acid test ratio:
For Camaro:
= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities
= ($5,915 - $2,375 - $400) ÷ $2,380
= $3,140 ÷ $2,380
= 1.32
For GTO:
= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities
= ($3,780 - $2,180 - $700) ÷ $1,400
= $900 ÷ $1,400
= 0.64
For Torino:
= (Current assets - Inventory - Prepaid expense) ÷ Current liabilities
= ($6,900 - 3,450 - $900) ÷ $3,950
= $2,550 ÷ $3,950
= 0.65
In 2017, $26,000 was the maximum amount of money most employees throughout the united states could invest in either a 401(k) or 403(b).
401(k) plans may exclude workers who work less than 1,000 hours per year. This equates to approximately 19 hours per week for one year of employment. GAO found that 20 of the 80 plans it surveyed required an employee to work certain hours to participate in her 401(k) plan.
A defined contribution (DC) plan is a retirement plan, usually tax-advantaged, like his 401(k) or his 403(b), in which an employee contributes a fixed amount or percentage of salary. Pay into an account intended for funding purposes—their retirement benefits.
Learn more about employees at
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Use or application. They are suggesting the consumers use cereal for more than just the normal use of a bowl of cereal with milk. The goal is to increase sales because people will use more product for more application.
Answer:
Maybe.
Explanation:
There are a lot factors that go into being able to purchase stocks - but the primary one would be how much money do you have to invest? I'm not sure if the question is asking if you can purchase shares of stock in 100 different companies or if you can purchase 100 shares of one company's stock. Generally speaking, in addition to the cost of the stock, you also have to pay fees in order to purchase (and sell) the stock...but these days it's somewhat possible to avoid the purchase fees with a no fee stock broker...for instance Robinhood. If you want to purchase 100 shares of stock, you need to have the money to afford to purchase it...and you also need to be old enough to open an account with a brokerage service, and you need to not work in certain industries.
Answer:
Rye's earnings per share = $2.41 per share (Approx.)
Explanation:
Given:
Number of Average outstanding common share = 196,000
Net income =$470,400
Number of authorized common share = 395,000
Number of treasury shares = 24,000
Number of issued shares 220,000
Find:
Rye's earnings per share
Computation:
Earnings per share = Net income / Number of Average outstanding common share
Rye's earnings per share = 472,400 / 196,000
Rye's earnings per share = $2.41 per share (Approx.)
