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3 years ago

Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31. (Round your answers to 2 decimal places.)

Business

2 answers:

Ierofanga [76]3 years ago

7 0

Answer:

Can you plssssssssssss help me

Can you do plsssssssss help me

JulijaS [17]3 years ago

7 0

Answer:

needs further explanation

Explanation:

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The statement of cash flows shows the following information: Cash provided by operating activities of $18,200 Cash used by inves

Rudiy27

Answer:

$27,400

Explanation:

The amount of cash at the end of the period is calculated as;

Cash provided by operating activities

$18,200

Cash used by investing activities

($6,700)

Cash used by financing activities

($1,200)

Net increase (decrease) in cash balance

(a) $10,300

Cash at the beginning of the year

(b) $17,100

Cash at the end of the year

c = (a) + (b) = $27,400

8 0

3 years ago

Nash's Trading Post, LLC has assets of $4200000, common stock of $1000000, and retained earnings of $600000. What are the credit

Anastasy [175]

Answer:

The correct answer is $2,600,000.

Explanation:

According to the scenario, the given data are as follows:

Total Assets = $4,200,000

Common stock = $1,000,000

Retained earnings = $600,000

So, we can calculate the creditors' claims on their assets by using following formula:

Creditor's Claim on their Assets = Total Assets - ( Common stock + Retained earnings)

= $4,200,000 - ( $1,000,000 + $600,000 )

= $4,200,000 - $1,600,000

= $2,600,000

Hence, Creditors' claims on their assets will be $2,600,000.

3 0

4 years ago

A business is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00 pe

yanalaym [24]

Answer

Option C

Decrease in cost $132,672

Explanation:

To determine the increase or decrease in costs associated with making, we will compare the relevant costs of the two options as follows

$

Variable cost of making 10

Variable cost buying 14

Savings in cost per from making 4

Total cost savings (decrease) 4 × 33,168 = $132,672

Decrease in cost as result of making =$132,672

4 0

3 years ago

The Harrison Company is closely held and, therefore, cannot generate reliable inputs with which to use the CAPM method for estim

Artyom0805 [142]

Answer:

the formula used to calculate the cost of equity (required rate of return) based on the bond yield plus risk premium is fairly simple:

cost of equity (Re) = yield of debt (bonds) + firm's risk premium = 11.52% + 3.55% = 15.07%

I'm not sure if the question was copied correctly or not, so I looked for similar questions and it included different numbers.

The Harrison Company is closely held and, therefore, cannot generate reliable inputs with which to use the CAPM method for estimating a company's cost of internal equity. Harrison's bonds yield 10.28%, and the firm's analysts estimate that the firm's risk premium on its stock over its bonds is 4.95%. Based on the bond-yield-plus-risk-premium approach, Harrison's cost of Internal equity is: = 10.28% + 4.95% = 15.23%

Another question:

The Kennedy Company is closely held and, therefore, cannot generate reliable inputs with which to use the CAPM method for estimating a company's cost of internal equity. Kennedy's bonds yield 11.52%, and the firm's analysts estimate that the firm's risk premium on its stock over its bonds is 4.95%. Based on the bond-yield-plus-risk-premium approach, Kennedy's cost of internal equity is: = 11.52% + 4.95% = 16.47%

5 0

3 years ago

Susan buys a new cell phone priced at $145 and agrees to pay for it over 12 months with 10% simple interest. What is her monthly

algol [13]

Answer:

Monthly payment 13.

Explanation:

No Mont Capital Interest

1 13 12 1

2 13 12 1

3 13 12 1

4 13 12 1

5 13 12 1

6 13 12 1

7 13 12 1

8 13 12 1

9 13 12 0

10 13 12 0

11 13 13 0

12 13 13 0

153 145 8

6 0

3 years ago