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2 years ago

If your liquid assets equal $15,000 and your total current debts equal $50,000, your liquidity ratio is:

Business

2 answers:

klasskru [66]2 years ago

3 0

I think it would be 0.30:1 I could be wrong though

Tcecarenko [31]2 years ago

3 0

Use the income received and earned only. If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is: a. 30%.

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otez555 [7]

Answer:

a decrease in the unemployment rate

Explanation:

Macroeconomics is a branch of economics that studies the economy as a whole. Economic variables studied in macroenomics includes GDP, unemployment, inflation etc

Microeconomics is a branch of economics that studies the behaviour of economic agents- individuals and firms in the economy.

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2 years ago

Which difference between your bank statement and your records is most likely to indicate fraud

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A PURCHASE YOU DID NOT MAKE

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2 years ago

their major products, the plastic container. Budgeted quantity Budgeted price Direct materials 0.25 pounds $30 per pound Direct

pshichka [43]

Answer:

Total Material cost variance $5,600 favorable

Explanation:

The direct matriculate total variance is he difference between the standard material cost for the actual output achieved and the actual material cost of the same output

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3 years ago

A kind of annuity that consists of cash flows of equal amounts occurring at regular intervals and that continues indefinitely is

lozanna [386]

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1 year ago

Cartwright's, a home-improvement store chain, reported these summarized figures: (Click the icon to view the income statem

grandymaker [24]

Answer:

a. 4.91

b. 2.50 days

Explanation:

a. Inventory turnover

= Cost of goods sold / Average inventory

Average inventory =( Ending inventory + Opening inventory) / 2

= (4,676,000 + 4,190,000) / 2

= $4,433,000

Inventory turnover = 21,766,030 / $4,433,000

= 4.91

b. Days' sales in average receivables

= Average Account Receivables / Average daily sales

Average account receivables = (Ending receivables + Opening receivables) / 2

= (100,800 + 378,500) / 2

= $239,650

Average daily Sales = Sales / 365

= 34,988,900 / 365

= $95,860

Days' sales in average receivables = 239,650 / 95,860

= 2.50 days

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2 years ago