Business, 08.02.2021 19:00 antoninapride
Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2017.
Feb. 3 Collected accounts receivable of $15,000.
7 Purchased equipment for $23,000 cash.
11 Paid $3,000 for a 1-year insurance policy.
14 Paid accounts payable of $12,000.
18 Declared cash dividends, $4,000.
Additional information: As of February 1, 2017, current assets were $120,000 and current liabilities were $40,000.
Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e. g. 1.83 :
Current ratio as of February 1, 2014 :1
Feb. 3 :1
Feb. 7 :1
Feb. 11 :1
Feb. 14 :1
Feb. 18 :1
Answers: 3
Business, 22.06.2019 19:30, darkremnant14
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
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Business, 22.06.2019 21:20, isabelvaldez123
Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor
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Gwynn Incorporated had the following transactions involving current assets and current liabilities d...
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