Answer:
The current ratio is 1.18 times
Explanation:
Current Ratio: The current ratio is that ratio which shows a relationship between the current assets and the current liabilities
The computation of the current ratio is shown below
Current ratio = Total Current assets ÷ total current liabilities
where,
Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory
= $43,500 + $27,000 + $102,000 + $125,000
= $297,500
And, the total current liabilities is $251,000
Now put these values to the above formula
So, the ratio would equal to
= $297,500 ÷ $251,000
= 1.18 times
The long term note payable is not a current liabilities,hence it is not considered in the computation part.
Answer:
The correct answer is the well-being of each person in an economy.
Explanation:
Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.
But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.
Answer:
A promotional plan of a company refers to the promotional mix. This mix contains decisions regarding the company which would put them on the path of growth and lead them towards success.
This consists of decisions regarding the manufacturing procedures, marketing decisions, market niche decisions, customer care services if required, promotional decisions, planing and strategic organizational decisions and etc.
Answer:
$ 29.018 ( approx )
Explanation:
The amount formula in compound interest,
Where,
P = principal amount,
r = rate per period,
t = number of periods,
Here, P = $ 3260.00,
Since, the amount is compounded monthly,
So, the number of periods in 3 months, t = 3,
Also, annual rate = 3.55 % = 0.0355,
So, the rate per month, r = 
(∵ 1 year = 12 months)
Thus, the amount after 3 months,
Hence, the total interest earned,
I = A - P =3289.018 - 3260 = $ 29.018
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
