Brown Co. had current assets of $15,000, total assets of $30,000 and current liabilities of $9,000 at the end of the year. The current ratio for the period is:

Answers

Answer 1

Based on the information given the current ratio for the period is: 1.67.

Using this formula

Current ratio=Current Assets/Current Liabilities

Where:

Current Assets=$15,000

Current Liabilities=$9,000

Let plug in the formula

Current ratio=$15,000/$9,000

Current ratio=1.666

Current ratio=1.67(Approximately)

Inconclusion the current ratio for the period is: 1.67.

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Related Questions

dont KNOW FIND IT YOURSEF

Answers

Answer: What is your business question?

Jack is a 74-year-old, single taxpayer whose income consists of $10,000 in wages and $31,000 in social security benefits. The maximum amount he can contribute to a Roth IRA for 2019 is: A) $0 B) $6,000 C) $7,000 D) $10,000

Answers

Based on his age and income, the maximum that Jack is able to contribute to a Roth IRA in 2019 is C. 7,000.

In the year 2019, tax laws were such that:

$6,000 was the maximum to be contributed to Roth IRA. $1,000 could be contributed in excess by those above the age of 50.

As Jack is above the age of 50, he can contribute an extra $1,000 over the limit which puts him at:

= 6,000 + 1,000

= $7,000

In conclusion, Jack can contribute a maximum of $7,000.

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Help help businesses please please

Answers

Answer:

C

Explanation:

LRAS would shift left because there would be fewer workers available to produce goods at any given price. however sras is capable of shift left and right.

hope this helps <3

Help help help help help help

Answers

Answer:

37%

Explanation:

I did the division 290/780*100. Mark brainliest if this answer helped you

What is a "strategic move"?
A strategic move is
1) the outcome of a game in which each player is doing the best it can regardless of what its competitors are doing
2) a commitment to reduce one's options
3) an action that obeys the rules of the game
4) a strategy that is optimal no matter what an opponent does.
5) a value associated with a possible outcome

Answers

Answer:

four

Explanation:

The answer is four because the dictionary definition is "in order to gain a strategic advantage and increase one's payoff." If you have an advantage than it doesn't matter what your opponent does. So there for the answer is #4.

If the reserve requirement is 25%, a new deposit of $1,000 leads to a potential increase in the money supply of

Answers

Based on the information given regarding the reserve requirements, there'll be an increase in the money supply by $4000.

A reserve requirement simply means a regulation by the Central Bank where commercial banks set a minimum amount that must be held in liquid assets.

Since the reserve requirement is 25%, a new deposit of $1,000 leads to a potential will lead to an increase in the money supply of $4000. This was calculated thus:

= $1000 / 25%

= $1000 / 0.25

= $4000

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What role do you think Netflix and social media
played in popularizing Marie Kondo? Do you think
the popularity of the show "Tidying up with Marie
Kondo' is based on Marie Kondo only, or would any
other personality achieve similar results?

Answers

Netflix and social media  played an important role in popularizing Marie Kondo.

Yes, Netflix and social media  played an important role in popularizing Marie Kondo because the program of Marie Kondo is viewed by million of people across the world through the Netflix and social media and people are loving it which increase the popularity of Marie Kondo.

In my opinion the popularity of the show "Tidying up with Marie  Kondo' is based on Marie Kondo only because the people know the method through this program and in my knowledge there is no one that achieve the same result so we can conclude that Netflix and social media  played an important role in popularizing Marie Kondo.

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A broker found a ready, willing, and able buyer who offered full price for a home.


The seller refused to sell because the buyer was a minority. The broker could


legally do all except:


Sue for his commission.


Inform the prospective buyer that help may be available from HUD.


Inform the seller that a possible violation of Federal Fair Housing Laws has occurred.


Show the property only to non-minorities per the seller's instructions.

Answers

There are different reasons why people take decisions. The broker could

legally do all except Sue for his commission.

A seller may rejects an offer due to different reasons.  Sellers often doo have several options when they are receiving a bid for their property. It is better to make a counteroffer with revisions when your offer is being rejected.

A seller is known too be able to counter and ask for changes to the fastesr money deposit, purchase price etc. In the above scenario, the Sue for his commission is not necessary in this case.

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The circular flow of income model shows

a. that consumers demand products and supply resources.

b. that producers supply products and demand resources.

c. that the two basic institutions of households (consumers and businesses (producers) are each demanders and suppliers.

d. that the real flow and the money flow are in opposite.

e. all of the above

Answer:
e. all of the above

Answers

the correct answer is letter C:)

Hope it's help!! :))

happy sunny or night

cost of good s sold RS 80700 opening stock RS 5800 closing stock RS 6000.what is the amount of purchase ?​

Answers

Answer:80900

Explanation:

Inventory at the beginning of the period = COGS + Inventory at the end of the period-Purchase

5800=80700+6000-P

Help help help help bell businesses

Answers

Question

Monetary policy can be either expansionary (growing)or contractionary (becoming smaller).

what is the purpose of expansionary monetary policy?

Answer:

C. to increase real output in the economy

HEY!!^^

have a good day!^^

thank me later

carryonlearing

WILL GIVE BRAINLIEST
Refer to Figure 33-2. A decrease in taxes would move the economy from Q to

a) P in the short run and the long run
b) R in the short run and the long run
c) P in the short run and O in the long run
d) R in the short run and Q in the long run

Answers

I think that the answer would be A. I hope you forgive me if I am wrong

A decrease in taxes would move the economy from Q to P in the short run and O in the long run. Thus, option D is correct.

What is an economy?

Economics seems to be the science of how individuals and groups allot limited resource for output, allocation, and consumer. Both micro and macro are really the two subfields of economic. Performance in trade and producing is the main concern of finance.

This graph shows the change that has been taking a long with respect to the change in quantity or the change in price.

The following graph there is shown a change from the long run to short run. As the economy has decreased the amount of taxes. Therefore point Q will be shifted to point P which will be regarded as a short run time period. And in long run, it will be changed to o.

Therefore, option D is the correct option.

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#SPJ2

Xavier needed a new business credit card. After evaluating many choices, he decided to sign up for an American
Express Delta Air Lines card. Within a few moments of his online signup and approval, Xavier received two emails.
The first email included his account information and a link to take a survey to give feedback about his account sign
up experience. The second email pointed him to a social media video that walked him through his new benefits,
showed him how to navigate the website, answered basic questions a new customer may ask, and showed him
how to sign up for account alert emails. American Express's marketing team created an easy way to reinforce a
customer's "purchase" decision. Which IMC tools were used to facilitate this process?
a

Answers

Integrated Marketing Communications is often used in marketing. The IMC tools that were used to facilitate this process is email, survey and social media.

Integrated Marketing Communications os known to be described as putting together or the integration of marketing tools examples advertising, online marketing, etc.

They are known to be promotional tools that are said to be very effective when they used together.

IMC seeks to make a stress-free experience for its customers. The Tools of Integrated Marketing Communications includes

AdvertisingPersonal sellingSocial Media MarketingPublic Relations etc.

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Which of these statements about game design is FALSE?

Game design involves

incorporating user feedback to

improve the platform.

Games design is not a STEM

career because it is just about

making entertainment.

Game design is iterative.

Game design requires many team

members with lots of different

areas of expertise.

Answers

When it comes to game design, it is false to say that Games design is not a STEM  career because it is just about  making entertainment.

Game design:

Incorporates the feedback of users to make better games. Is quite iterative. Requires that many different people from different careers work in different teams.

Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.

In conclusion, option B is correct.

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The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return 6% Return on investment (ROI) 6.8% Sales $ 870,000 Turnover (on operating assets) 2 times What was the Legume Division's net operating income last year

Answers

Based on the information given, Legume Division's net operating income last year will be $29580.

Firstly,we will calculate the turnover which will be:

= Sales / Operating costs

= $870000 / 2

= $435000

The return on investment will be:

= Net operating income / Operating assets

Therefore, the net operating income will be:

= $435000 × 6.8%

= $29580

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The Legume Division's net operating income last year was $29,580.

What is the net operating income?

The net operating income is the income after deducting the cost of goods sold and operating expenses from sales revenue.

Data and Calculations:

Minimum required rate of return = 6%

Return on investment (ROI) = 6.8%

Sales revenue = $870,000

Turnover on operating assets = 2 times

Operating assets = $435,000 ($870,000/2)

Net operating income = ROI x Operating Assets

= $29,580 ($6.8% of $435,000)

Thus, the Legume Division's net operating income last year was $29,580.

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Given the following information for Blue Bell Company for last year: Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: January 1 $1,800,000 December 31 2,400,000 Shareholders' equity (all common): January 1 1,500,000 December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: January 1 200,000 December 31 180,000 Inventory: January 1 210,000 December 31 250,000
Refer to table: Blue Bell's current ratio at December 31 was:____.
a. 2.33 times
b. 3.67 times
c. 0.43 times
d. 1.33 times

Answers

Based on the information given Blue Bell's current ratio at December 31 was:

a. 2.33 times.

Using this formula

Current ratio=Total current assets/ Total current liabilities

Where:

Total current assets=$700,000

Total current liabilities=$300,000

Let plug in the formula

Current ratio=$700,000/$300,000

Current ratio=2.33 times

Inconclusion Blue Bell's current ratio at December 31 was:

a. 2.33 times.

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Select the correct answer
What type of income is received through rent?
A. earned income
B. passive income
C. portfolio income
D. business income

Answers

It is B. passive income

Answer:

earned income is received through rent

Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses.

b. False
a. True

Answers

Answer:

A.true

am i right

Explanation:

correct me if im wrong

thanks

loveya

- Assume the company can experience the following return with the following probability
Scenario probability Expected return
A 0.2 +30%
B 0.3 +15%
C 0.1 -10%
D ? -20%


i- Compute the expected return.
ii- Compute the expected value of $2000 investment over a coming year.
iii- Compute the standard deviation of the percentage return over the coming year iv- If the risk-free return is 7 percent, what is the risk premium for a stock market investment

Answers

i. The expected return is 1.5%.

ii. The expected value of $2,000 is $30 ($2,000 x 1.5%).

iii. The standard deviation of the percentage return  = 0.085 ([tex]\sqrt{0.007175}[/tex]) or 8.5%.

iv. If the risk-free return is 7 percent, the risk premium for a stock market investment is 1.5% (8.5% - 7%).

Data and Calculations:

Scenario  Probability  Expected      Expected    Variance   Squared

                                      Return            Value                         Variance

A                     0.2            +30%            0.06         0.045       0.002025

B                     0.3            +15%             0.045       0.03         0.0009

C                     0.1             -10%             -0.01        -0.005       0.000025

D                    0.4             -20%            -0.08        -0.065      0.004225

                                                            0.015                          0.007175    

D's probability = 0.4 (1 - (0.2 + 0.3 + 0.1) or 40%

Expected return = (0.2 x 0.3 + 0.3 x 0.15 + 0.1 x -0.10 + 0.4 x -0.20)

= (0.06 + 0.045 - 0.01 - 0.08)

= 0.015

= 1.5%

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What are the issues of integrity, ethics and law posed in the case study? What options does the woman have, and what should she do and why?​

Answers

The integrity, ethics, and law issues raised in the case study are illegal and unethical conduct.

The woman must reject the economic proposal made by the company and maintain her complaint so that the executive is judged for what she did because she would avoid future harm to other employees.

What is ethics?  

Ethics is a term that refers to moral philosophy. This focuses on the study of human behavior based on right and wrong according to duty. Contemporary ethics is usually divided into three branches which are:

Metaethics studies the origin, nature, and meaning of ethical concepts. Normative ethics seeks norms or standards to regulate human conduct. Applied ethics examines specific ethical controversies.

According to the above, it can be inferred that the situation presented is an example of an unethical and illegal act because the company and the executive want to bribe the employee to prevent the executive from being removed from his position and the company from being judged for endorsing that conduct of the executive.

Note: The question is incomplete because the information is missing. Here is the complete information:

Case study 4

A woman is sexually harassed by a top-level senior executive in a large company. She sues the company, and during settlement discussions she is offered an extremely large monetary settlement. In the agreement, the woman is required to confirm that the executive did nothing wrong, and after the agreement is signed the woman is prohibited from discussing anything about the incident publicly. Before the date scheduled to sign the settlement agreement, the woman's lawyer mentions that she has heard the executive has done this before, and the settlement amount is very large because the company probably had a legal obligation to dismiss the executive previously. The company however wants to keep the executive because he is a big money maker for the company.

What are the issues of integrity, ethics and law posed in the case study? What options does the woman have, and what should she do and why?

Lecturer Guidelines

Some of the issues raised by this case study include initial issues of unethical and unlawful conduct, by the executive and the company; whether the company should allow the executive to continue working because of the revenue he generates, in view of his propensity to harm co-workers, and whether this action is ethical or reflects integrity; whether the company should require the woman to state that the executive did nothing wrong as part of the settlement agreement; whether the woman should agree to this settlement in view of the harm future employees are being exposed to; and whether the woman is prioritising justice for herself over harm to future employees in an acceptable way.

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Which of the following marketing messages are consumers most likely to trust?
A. A TV commercial
B. An article about the company in a city newspaper
C. An Internet advertisement
D. A phone conversation with an employee of the company
Please select the best answer from the choices provided
Ο Α
B
ОООО
OD

Answers

Answer:

as a consumer myself, I would most likely trust an article about the company in the city newspaper or a conversation with an employee

Explanation:

Help help hep pelsss straightforward answer ASAP I’ll give points I need to pass class

Answers

Answer:

C. 1

Explanation:

C. 1

$1,000 par value zero coupon bonds, ignore liquidity premiums Bond Years to maturity Yield to Maturity A 1 6.00% B 2 7.50% C 3 7.99% D 4 8.49% E 5 10.70% The expected one-year interest rate three years from now should be about _________. 8.00% 7.00 % 9.00% 10.00%

Answers

$1000 coupons for coupons ignore liquidity premium bond you’re so mature healed to maturity a temperature of a tree family ancient mayonnaise

while calculating the coefficient of correlation between two variables x and y, the following results were obtained: n=25,

Answers

Answer:

therefore,the domain of the logarithmic function y=x is the set of positive real number and the range is the set of rwal number.

Help help help help help help

Answers

the answer I think is c

Explanation:

for the reason I have no clue I just joined and said to do this so just ignore me

Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a

people person, and her department is built on teamwork, when she interviews candidates for a

job, she tries to get to know the candidates as people. She always begins by saying, "Tell me

about yourself," and based on what the candidate says, she lets the conversation unfold for 30

to 60 minutes per session.

Questions

i) How does Lexie’s current interview technique limit her effectiveness as an interviewer?


[3 marks]

ii) Lexie also wishes to contact people or organizations as referees for job candidates to fill

strategic positions in the organizations. Discuss two to three limitations of referee reports

placed on management or organizations for job candidates. How do organizations cope

with this burden?


[4 marks]

iii) The human resource department at Lexie’s organization is preparing to formulat

Answers

Lexie's interviews are not as effective because she does not care about the professional training of the people she will hire, which can have serious consequences on the operation of the company. On the other hand, the referral system would also hinder the operation of the company because the skills or abilities of the employees are not verified.

When we do a recruitment process, we must have several aspects in common to hire or dismiss a job applicant. Among the aspects that must be taken into account are:

Work experience.Vocational training.Other experiences.

Following the foregoing, the person in charge of the selection process must objectively select the candidate who best fits a job based on her experience or professional training.

According to the above, Lexie is limiting her liability because she only looks at aspects of the applicants' personal lives without evaluating their ability to perform a job. Additionally, you should carry out some tests on the applicants to verify their work capabilities.

On the other hand, in the referral system, she has several limitations because she accepts the criteria of another individual or organization to hire a person without herself evaluating him to fit the job that she requires.

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This SKU has an inconsistent product classification with the ASIN. Please submit a feed to update this SKU to match the ASIN product classification

Answers

It should be noted that a stock-keeping unit (SKU) means a scannable bar code that is usually seen on product labels that are in a retail store.

Your information is incomplete. Therefore, an overview of SKU will be given. The stock-keeping unit (SKU) allows vendors to be able to track the movement of their inventory.

On the other hand, ASIN stands for Amazon Standard Identification Number. It is a ten letters unique identifier for a product that is given by Amazon.

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This year Andrews achieved an ROE of 30.2%. Suppose next year the profit margin (Net Income/Sales) increases. Assuming sales, assets and financial leverage remain the same next year, what effect would you expect this action to have on Andrews's ROE

Answers

It Is expected that Andrew's ROE would increase.

ROE is a short form of return on equity. ROE is a profitability ratio.  It measures the ability of a firm to generate profits from its asset

Return on equity = net income / average total equity

ROE can be decomposed into:  

ROE = profit margin x asset turnover x financial leverage

ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)

If, profit margin increases, ROE would also increase.

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6.You now have the agreement with the company and will sign the contract as you and the company are satisfied with the contract agreement. Of course, this is will be your first step to build a strong relationship between you and your employer. Your manager will know more about you. This represent which of the negotiation process element?


A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship


7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?


A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship


8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?


A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

Answers

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

The _____________ and ______________ provide specific guidelines regarding minimum identification requirements for clients who complete applications for financial products.

Answers

Based on existing rules and regulations, the Truth in Lending Act and Truth in Savings Act provide specific guidelines regarding minimum identification requirements for clients who complete applications for financial products.

The purpose of the Truth in Lending Act & Truth in Savings Act

The United States government explicitly made the Truth in Lending Act & Truth in Savings Act to enable customers or citizens to make informed financial decisions precisely when making applications for financial products.

It also requires financial institutions like banks to provide to consumers disclosures on terms and costs relating to deposit accounts, savings, and lending.

Hence, in this case, it is concluded that the correct answer is "Truth in Lending Act and Truth in Savings Act."

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After the first four games of a professional football season, three players scored a total of 80 touchdowns.Duke Johnson scored 14 of the touchdowns.Josh McCown scored 40% of the touchdowns.Andre Roberts scored the remaining touchdowns.How many touchdowns did Andre Roberts score?A.20 touchdownsB.28 touchdownsC.32 touchdownsD.52 touchdowns During prerace, an athlete who weighs 70 kg would need between _____ and _____ g of carbohydrate daily.Question 38 options:325, 845352, 453490, 910546, 1025 Graph x + 3y = 6.please help What would be the partial pressure of nitrogen, PN2, in a room in which the total air pressure was 0.987 atm? which word in the poem means pig's feet and pig's nose? these videos are from the late 1950's foreign exchange debates uploaded by archivemc. choose and view one video as reference and do a reflection on each of the participants' statements on the topic they were discussing. please help HELP ME PLEASEEE!! 48 degrees 96 degrees x = Kelly has a scarf that is 22 inches long. She folds the scarf in halfthree times. How long is the scarf now? What are ratio tables? Can you create 3 different ways to create a ratio table using your own exampl e? pls ik im asking alot of theese i dont wanna fail how to solve for time given distance and velocity 6) The original price of a pair of shorts is $40.They are on sale 30% off. What is the sellingprice of the shorts? 1. He / not eat / anything / two days. Answer choices are A. Constant speedB. StoppedC.Moving sidewaysD.Accelerating if the interest rate is lower than the inflation rate, what happens for those who put money in a savings account. Axel is conducting some online research, and he wants to narrow down his search to a specific daterange, and he only wants to find images. What should he use?O quotationsO a Boolean searchO truncation of termsO filters Hi! I'm looking for some proficient actually (accurate) responses. depending on the responses ill probably give brainliest to the most accurate one. If the sum of the roots of the equation 3x + kx + 1 = 0 is 7. then what the value of k Find the value of X and prove the following what is the process that breaks down nucleic acids into nucleotidesa. dehydration synthesisb. synthesis c. polymerizationd. hydrolysis please help ty Boron and antimony are good elements to use as