Business, 26.11.2019 00:31 mooreadrian412
As of december 31, year 1, gant corporation had a current ratio of 1.29, quick ratio of 1.05, and working capital of $18,000. the company uses a perpetual inventory system and sells merchandise for more than it cost. on january 1, year 2, gant paid $250 for transportation in cost on merchandise it had received. which of the following statements is incorrect?
a. grove's quick ratio will increase and its current ratio will remain the same
b. grove's working capital will remain the same
c. grove's current ratio will remain the same
d. grove's quick ratio will increase
Answers: 3
Business, 22.06.2019 12:50, sunshine0613
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
Business, 22.06.2019 20:00, mackle34
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
Answers: 1
Business, 22.06.2019 20:30, zachzach28280
Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:
Answers: 2
Business, 22.06.2019 22:10, jakemendes1
Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates
Answers: 1
As of december 31, year 1, gant corporation had a current ratio of 1.29, quick ratio of 1.05, and wo...
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