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The financial statements for Barrington Service Company include the following items: Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable
The financial statements for Barrington Service Company include the following items: Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable 2019 $51,500 33,000 52,000 158,000 528,000 125,500 20,000 54,000 2018 $44,000 20,000 50,000 50,000 545,000 124,000 13,000 52,000 Compute the current ratio for 2018. (Round answer to two decimal places.) O A. 0.84 OB. 1.2 O c. 6.99 OD. 3.98 Question 33 2 pts How much is the maximized profit? Answer: The maximized profit = $ Question 34 4 pts The demand for electricity increases since people use air-conditioners more often. O What happens to the demand curve? Select) (ii) Will the firm's profit increase or decrease? Select Question 35 3 pts Explain why the market for electricity may be dominated by one firm. (This is a bonus question. This question is worth 3 points.) Edit View Insert Format Tools Table 12pt Paragraph BIUA
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