Answer:
Current ratio= 1.3977
Explanation:
Current Ratio:
It is the measure of company ability to pay short term debits of one year. It also tells how company can increase its current assets.
Given:
Total assets=$689,400
Long-term debt=$198,375
Total equity= $364,182
Net fixed assets =$512,100
Sales = $1,021,500
Formula For current Ratio:
Current Ratio=
T's impossible to determine whether lowering costs or increasing revenue is more important across the board for all companies. There are too many factors that can influence the answer for a given company, in a given market or in a given economy. A specific marketing focus may be the key to financial stability and steadily increasing profits.<span>
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When researching a specific job, you should look at the organization’s mission and vision, what the recent achievements and news are, the positions and fields that are included with the job, and the community and employees!
Hope this helps! :) have a blessed day.
Answer:
For example if you add 500 dollars to your bank account this year by next year it’s gonna become $1000.so that means when you invest more you get the double of what you invested in a particular period of time.
Answer:
Annual depreciation= $16,000
Explanation:
Giving the following information:
Purchase price= $77,000
Useful life= 4 years
Salvage value= $13,000
Under the straight-line method, the depreciation expense remains constant during the life of the asset.
<u>To calculate the depreciation expense, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (77,000 - 13,000) / 4
Annual depreciation= $16,000