1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmasim [6.3K]
3 years ago
10

Blushing Co. had Total Assets of $105,000, which included Cash of $30,000, Accounts Receivable of $15,000 Merchandise Inventory

of $60,000. Blushing also had Total Liabilities of $95,000, which included Current Liabilities of $60,000. Blushing's acid-test ratio equals:
Business
1 answer:
madam [21]3 years ago
4 0

The Acid-test ratio of Blushing Co,. is 1.25.

Acid-test ratio is also known as the quick ratio. It is the ratio of a firm's current assets to its current liabilities.  It is a type of liquidity ratio. Liquidity ratio measures the ability of a firm to meet its short term obligation. The higher the acid-test ratio, the higher the liquidity of the firm.

Acid test ratio = (current asset - inventory) / current liabilities

  • Current assets - inventory = $105,000 - $60,000 = $45,000
  • Current liabilities = $60,000
  • Acid-test ratio = $45,000 /  $60,000 = 0.75

A similar question was answered here: brainly.com/question/13972407

You might be interested in
Which answer applies to "fine print"?
Kay [80]

Answer:

D. All of the Above

hope this helps!

6 0
3 years ago
A company manufactures various sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $67
VLD [36.1K]

Answer:

The company should buy from an outside source rahter than manufacturing because each bottle manufactured costs $5 more.

Explanation:

Differential Analysis

                                                          Make            Buy

Manufacturing Cost per bottle         $ 67

Purchasing Cost per bottle                                  $35

Freight per bottle                                                  $ 5

<u>Fixed Costs                                                            $ 22   </u>

<u>Total                                                   $ 67              $62   </u>

<u />

The company should buy the bottles from the  outside source because the manufacturing costs are higher than the purchasing costs and the fixed costs.

The fixed costs are the irrelevant costs that will continue whether bottles are manufactured or purchased.

6 0
3 years ago
How a product or service will be conceived or designed, how much it should cost, where and how it will be promoted, and how it w
Allisa [31]

Answer:

Marketing Plan

Explanation:

The marketing strategy of the company is one of the most crucial components of development and growth for the company.

It includes all the activities in which the company makes a strategy and plan of how shall the product be developed, what should be an approximate level of acceptance of cost, and further how it shall be ultimately delivered to maximum consumers.

It is thus, comprised of various steps involved as it relates to a complete task from the beginning to the end of producing and delivering the product.

6 0
3 years ago
Alpha Company is looking at two different capital​ structures, one an​ all-equity firm and the other a levered firm with ​$2.52
horrorfan [7]
Look on jiskha you will find your answer I promise
4 0
3 years ago
When does a payday loan typically mature?
Rama09 [41]

Answer:

After the borrower's next check.

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • January budgeted selling and administrative expenses for the retail shoe store that Craig Shea plans to open on January 1, year
    13·1 answer
  • Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production
    8·1 answer
  • Economic systems seek to answer what key economic questions Select all that apply. How should goods and services be produced? Wh
    13·1 answer
  • To estimate the percentage of defects in a recent manufacturing batch, a quality-control manager selects every twentieth widget
    6·2 answers
  • which term describes an insured, a partner or an employee with custody of insured property outside the insured premises?
    10·2 answers
  • On May 9, 2013, Calvin acquired 250 shares of stock in Aero Corporation, a new startup company, for $68,750. Calvin acquired the
    7·1 answer
  • A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil
    8·1 answer
  • With an expansionary monetary policy, investment, consumption, and net exports all ________, which results in the aggregate dema
    15·1 answer
  • During January, Ajax Co. Incurs 1,850 hours of direct labor at an hourly cost of $11.80 in producing 1,000 units of its finished
    8·1 answer
  • if the federal reserve decided to include virtual money like bitcoins in its measure of the money supply, what would be the effe
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!