Answer:
Current ratio = 0.74 : 1
Working Capital = ($26,000)
Explanation:
Given:
Current assets = $74,000
Current liabilities = $100,000
Find:
Working Capital
Current ratio
Computation:
Working Capital = CA - CL
Working Capital = $74,000 - $100,000
Working Capital = ($26,000)
Current ratio = [CA / CL]
Current ratio = [$74,000 / $100,000]
Current ratio = 0.74 : 1
Answer: Because planning allows you to draw a guide on how to do things.
Explanation: The planning is order and when there is order there will always be better results. If a person has a goal and it is planned, it is more likely that she will get what she wants since she has traced a path, she has created a way of how to do it.
Planning helps you know what to take into account and what not. It allows you to focus on the important details and put aside things that can only serve as a distraction.
Answer:
I don't think he got any back
Explanation:
The money could have been a tip.
Answer:
The book value per share and earnings per share is $2.1809 and $1.025 respectively.
Explanation:
For computing the book value per share, we have to used the market to book ratio formula which is shown below:
Market to book ratio = Market price per share ÷ book value per share
9.4 times = $20.50 ÷ book value per share
So, book value per share = $20.50 ÷ 9.4 times
= $2.1809
Now, the earning per share is calculated by using a PE ratio which is displayed below:
PE ratio = Share price ÷ Earning per share
20 times = $20.50 ÷ Earning per share
So, earning per share = $20.50 ÷ 20 times
= $1.025
Hence, the book value per share and earnings per share is $2.1809 and $1.025 respectively.
Answer:
D. 4,600 units
Explanation:
The computation of the budgeted production level in units for the pas is shown below:
Budgeted production level in units = Budgeted units cost ÷ FMOH per unit
where,
Budgeted units cost is
= $48,000 + $2,000 - $4,000
= $46,000
And, FMOH per unit is
= ($48,000 + $2,000) ÷ (5,000 units)
= $10
So, the budgeted units is
= $46,000 ÷ $10
= $4,600
