Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 10, 2024

The current assets of Metlock, Inc. are $472500. The current liabilities are $175000. The current ratio expressed as a proportion is A. 2.70:1. B. 0.37:1.

The current assets of Metlock, Inc. are $472500. The current liabilities are $175000. The current ratio expressed as a proportion is

A. 2.70:1.

B. 0.37:1.

C. 270%.

D. $175000 $472500.

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

Auditing and Assurance services an integrated approach

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan

16th edition

978-0134075754, 134075757, 134065824, 978-0134065823

More Books

Students also viewed these Accounting questions

Question

★★★★★

Summarize what is discussed in each of the following SSTS: a. SSTS No. 1 b. SSTS No. 4 c. SSTS No. 6

Answered: 1 week ago

Question

★★★★★

Click Start. In the Search Programs and Files text box, type Windows Easy Transfer and then press Enter. On the Windows Easy Transfer Welcome page, click Next. LO.1

Answered: 1 week ago

Question

★★★★★

Better than aspirin again? Referring to the study of Exercise 1: a) Is the alternative to the null hypothesis more naturally one-sided or two-sided? Explain. b) The P-value from a clinical trial...

Answered: 1 week ago

Question

★★★★★

A realtor in Arlington, Massachusetts, is analyzing the relationship between the sale price of a home (Price), its square footage (Sqft), the number of bedrooms (Beds), and the number of bathrooms...

Answered: 1 week ago

Question

★★★★★

costs. E3.8 (LO 3, 4), AP The Blending Department of Luongo Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete...

Answered: 1 week ago

Question

★★★★★

First, find the z-score corresponding to a score of X = 45 for each of the following distributions. What are the z-scores that youcalculated? Second, describe what is happening to the z-scores as you...

Answered: 1 week ago

Question

★★★★★

Apple is delaying its plan to use neuralMatchLinks to an external site. technology to scan US iPhones for child pornography and child abuse. Currently, Apple uses end-to-end encryption to ensure...

Answered: 1 week ago

Question

★★★★★

You use Tableau for a project about spacecraft trajectories. You drag the Spacecraft field onto a shelf, selecting a specific craft. This enables you to monitor the trajectories that will be most...

Answered: 1 week ago

Question

★★★★★

Ringle Company is a manufacturer of compact disks (CDs). Place each of the following costs in the appropriate column. Product Cost Cost item Cost item Period Direct Direct Factory Cost Materials...

Answered: 1 week ago

Question

★★★★★

Multiple Select Question Select all that apply Which of the following about planning for objections is true? Multiple select question. Salespeople should only focus on the disadvantages of their...

Answered: 1 week ago

Question

★★★★★

Activity 2: IP and routing This is a group activity. Therefore, you need to form a group of four (4)~ five (5) people. At your table (or in MS team chat) discuss the following questions with your...

Answered: 1 week ago

Question

★★★★★

Could call centre employees work from home? What potential problems could this cause to the design of their work?

Answered: 1 week ago

Question

★★★★★

What could be some potential problems when developing written job descriptions for call centre employees?

Answered: 1 week ago

Question

★★★★★

How could ServiceOntario ensure that call centre employees jobs are designed according to the job characteristics model?

Answered: 1 week ago

Previous Question Next Question