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bixtya [17]
3 years ago
9

What conclusions concerning the relative liquidity of these companies can be drawn from these data?

Business
1 answer:
Aleks04 [339]3 years ago
7 0

A company is liquid when it has the ability to convert its assets into money quickly and easily.

<h3>What is liquidity? </h3>

Liquidity is an economic term that refers to the quality of assets to be converted into cash immediately without significant loss of value.

According to the above, the easier it is to convert an asset into money, it is said that it is more liquid. By definition the most liquid asset is money.

Note: This question is incomplete because there is some missing information. However I can answer it based on my prior knowledge.

Learn more about economy in: brainly.com/question/951950

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<span>You might be able to cope with future issues more easily this the correct answer. : )</span>
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Derek just received a bonus and wishes to set aside a portion of it in order to save for a 10-year reunion cruise that his old c
kotegsom [21]

Answer:

$3,168

Explanation:

We will receive $4000 in future (after 4 years time) which means all we want to know is the amount that we Derek must deposit today.

This present value of the $4000 payment received after 4 years from today can be calculated using the following formula:

Present value = Future Value / (1 + r)^n

Here

Future Value is $4000

r is 6%

n is 4 years

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Present value = $4000 / (1 + 6%)^4 Years

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3 0
3 years ago
PRO FORMA INCOME STATEMENT Austin Grocers recently reported the following 2016 income statement (in millions of dollars): Sales
padilas [110]

Answer:

Net income = $169.2

Growth in dividend = 76.25%

Explanation:

The projected figures are as below:

Sales = $700 x (1 + 15%) = $805 <em>(15% increase in sales)</em>

Operating costs including depreciation = $805 x 60% = $483 <em>(60% of sales)</em>

Interest expense = 40 <em>(remain constant)</em>

EBIT = Sales - Operating costs including depreciation = $805 - $483 = $322

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Net income = EBT x (1 - Tax rate) = $282 x (1 - 40$) = $169.2

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3 years ago
Choose the best closing for a message requesting the receiver's support for a proposed change in a benefits plan.
Svet_ta [14]
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3 years ago
g Samco signed a 5​-year note payable on January​ 1, 2018​, of $ 475 comma 000. The note requires annual principal payments each
Tanya [424]

Answer:

B. a debit to Interest Expense for $ 42 comma 750.

C. a credit to Cash of $ 137 comma 750.

Explanation:

Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.

As per given data

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Journal Entry for first payment

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