Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 15, 2024

a companys current assets are 26920 its quick assets are 15290 and its current liabilities are 12570 its acid test ratio equals A company's current

a companys current assets are 26920 its quick assets are 15290 and its current liabilities are 12570 its acid test ratio equals

A company's current assets are $26,920, its quick assets are $15.290 and its current liabilities are $12,570. Its acid-test ratio equals Multiple Choice 822. 2.14. 122. 0.47. 129.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bank Strategy, Governance And Ratings

Authors: P. Molyneux

3rd Edition

0230313345, 9780230313347

More Books

Students also viewed these Accounting questions

Question

★★★★★

Suppose that I = c = 4 for the I controller with internal feedback shown in Figure 10.6.6. The performance specifications require that = 0.2. (a) Compute the required gain values for each of the...

Answered: 1 week ago

Question

★★★★★

The quality control team in a ceramics processing facility takes a rather large sample of a ceramic coming off the line and weighs the sample when dry, when immersed in water, and after removing it...

Answered: 1 week ago

Question

★★★★★

1. Establish private cubicles for individual work, open tables for group work, and cushions on the floor for whole-class meetings.

Answered: 1 week ago

Question

★★★★★

Record the following transactions in general journal form using the periodic inventory system: June 5 Sold merchandise on account to Wilson, Inc., $ 520; terms 1/10, n/30. 12 Bought merchandise on...

Answered: 1 week ago

Question

★★★★★

c) On the 31st October 20x3 Aubergine Ltd decided to write off all the amounts that were owing by A. Gaff as at 30th June 20x3 as a bad debt. Required 2 marks Prepare the journal entry for the write...

Answered: 1 week ago

Question

★★★★★

2 points S The Manama Co. is considering adding a new product line that is expected to increase annual sales by $342.000 and expenses by $236,000. The project will require $18839 in depreciated using...

Answered: 1 week ago

Question

★★★★★

1.) Explain what is meant by oppressive conduct. 2.) Discuss any two (2) remedies for oppression under s 233 of the Corporations Act 2001 3. What obligations do financial service providers have in...

Answered: 1 week ago

Question

★★★★★

1. What is the jury foreman? What is their responsibility? 2. How would you explain reasonable and probable grounds? 3. Who is not eligible to sit on a jury? What do you feel is the reason for this?...

Answered: 1 week ago

Question

★★★★★

1. A detector is placed on a screen onto which a bright red spot is observed. In calculation of the numerical aperture of the fiber, the diameter of the bright spot (W) and the distance of the...

Answered: 1 week ago

Question

★★★★★

1. What is revealed about human nature (from Genesis 1-2)? 2. What are the consequences of the fall for human nature (from Genesis 3)? 3. What is revealed about human purpose? What does it mean for...

Answered: 1 week ago

Question

★★★★★

When a 0.051M aqueous solution of a certain acid is prepared, the acid is 2.7% dissociated. Calculate the acid dissociation constant Ka of the acid. Round your answer to 2 significant digits.

Answered: 1 week ago

Question

★★★★★

Do you do anything to exceed customers expectations when they write?

Answered: 1 week ago

Question

★★★★★

Do your response letters specifi cally speak to the customers needs, or are they generic?

Answered: 1 week ago

Question

★★★★★

What are all the ways your customers can get back to you in written format?

Answered: 1 week ago

Previous Question Next Question