Business, 31.07.2019 18:10 minecraftpro64p7t123
The following is a december 31, 2018, post-closing trial balance for culver city lighting, inc. account title debits credits cash $ 74,000 accounts receivable 58,000 inventories 64,000 prepaid insurance 34,000 equipment 150,000 accumulated depreciation—equipment $ 53,000 patent, net 59,000 accounts payable 21,500 interest payable 11,500 note payable (due in 10, equal annual installments) 200,000 common stock 89,000 retained earnings 64,000 totals $ 439,000 $ 439,000 a. calculate the current ratio. b. calculate the acid-test ratio. c. calculate the debt to equity ratio.
Answers: 2
Business, 22.06.2019 06:30, silas99
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
Business, 22.06.2019 20:50, JasJackson
Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level. refer to the standard normal table for z-values. a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=
Answers: 1
Business, 22.06.2019 22:30, nevejames07
Experts are particularly concerned about four strategic metal resources that are important for the u. s. economy and military strength, and that must be imported. what percentage does the u. s. import? *
Answers: 2
Business, 22.06.2019 23:50, christi1175
Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?
Answers: 1
The following is a december 31, 2018, post-closing trial balance for culver city lighting, inc. acco...
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