The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Liabilities and Equity
Cash $60
Accounts payable $235
Accounts receivable (net) 178
Other current liabilities 63
Notes receivable 67
Total current liabilities 298
Inventory 205
Long-term liabilities 96
Prepaid expenses 40
Total liabilities 394
Total current assets 550
Shareholders' equity:
Equipment (net) 258
Common stock 130
Retained earnings 284
Total shareholders' equity 414
Total assets $808
Total liabilities and equity $808
Consider Notes receivable to be liquid assets. The acid-test ratio is:.
a. 1.41.
b. 0.33.
c. 1.82.
d. 1.04.

Which of the following would be an accurate statement about achieving a balanced budget

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.

Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor