Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

Marigold Corp. has current assets of $2030000 and current liabilities of $730000. If they pay $339000 of their accounts payable, what will their new current

Marigold Corp. has current assets of $2030000 and current liabilities of $730000. If they pay $339000 of their accounts payable, what will their new current ratio be? O 5.2:1 O 2.8:1 O 4.3:1 0 2.8:1

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

Money And Wealth

Authors: Joslyn Pine

1st Edition

0486486389, 9780486486383

Students also viewed these Accounting questions

Question

★★★★★

X 1, X 2, X 3 are iid exponential () random variable Find: (a) The PDF of V = min (X 1 ,X 2 ,X 3 ) (b) The PDF of W = max (X 1 ,X 2 ,X 3 )

Answered: 1 week ago

Question

★★★★★

The Excel file Credit Risk Data provides information about bank customers who had applied for loans. 6 The data include the purpose of the loan, checking and savings account balances, number of...

Answered: 1 week ago

Question

★★★★★

Discuss Platos methodology. Include a statement about Platos theory of forms and explain the meaning of his metaphor eye of the soul.

Answered: 1 week ago

Question

★★★★★

On June 24, 2012, Sudweeks Company sold merchandise to Brooke Bowman for $70,000 with terms 2/10, n/30. On June 30, Bowman paid $39,200 on her account and was allowed a discount for the timely...

Answered: 1 week ago

Question

★★★★★

Excel: Project 1 (21 pts) 5pm Points 21 Submitting an external tool 2019 In Practice - Ch 2 Independent Project 2-5 V. Lui che vupy a vu T Edit the formula in cell D5 to show D$4 instead of "D4." The...

Answered: 1 week ago

Question

★★★★★

Accounting for Intangible Assets and Leasehold Improvements Jeffrey Company owns several retail outlets. During the year, it expanded operations and entered into the following transactions: Jan. 2...

Answered: 1 week ago

Question

★★★★★

The net present value (NPV) of this replacement project is: -$4,104,546 -$5,472,728 -$6,567,274 -$4,651,819 8. Analysis of a replacement project At times firms will need to decide if they want to...

Answered: 1 week ago

Question

★★★★★

Which statement would be considered metacommunication? Question 8 options: "Please arrive at 9 a.m." "I appreciate your effort." "Free coffee is available in the lounge." "We encourage employees to...

Answered: 1 week ago

Question

★★★★★

M F M b h = A steel beam with a rectangular cross-sectional area has a height h 32 mm and breadth b = 16 mm. It has a through thickness crack of length a = 4 mm as shown in the figure. The fracture...

Answered: 1 week ago

Question

★★★★★

Determine the values of the variable for which the expression is defined as a real number. (Enter your answer using interval notation.) x-2x-35 Need Help? Read It 40. [-/1 Points] DETAILS SPRECALC7...

Answered: 1 week ago

Question

★★★★★

Provide 3 decimals for the final answer. Please show step by step solution. 6. Calculate the MA and output force of the brake pedal lever in the diagram. MASTER CYLINDER FULCRUM 3IN. Output Force = ?...

Answered: 1 week ago

Question

★★★★★

Support A is a pin. Support B is a roller. Each support can support a maximum of 9kN. Determine which support will fail first and at what value of w does this occur. HINT, create relationships of w...

Answered: 1 week ago

Question

★★★★★

The role of a supervisor is to a Tell you exactly how to get a distinction or first-class mark. b Read drafts of every chapter. c Organise your time between now and the submission date. d Provide...

Answered: 1 week ago

Question

★★★★★

What type of publication is CIPD (2019) Rotten Apples, Bad Barrels and Sticky Situations: An evidence review of unethical workplace behaviour? a Professional journal. b Practitioner report. c Green...

Answered: 1 week ago

Question

★★★★★

Over what timescale should the project be undertaken?

Answered: 1 week ago

Previous Question Next Question