Blue Ice Inc. is an American corporation. The company started out as a 1. ____ between Nick Selver and Rita Andrew in 1985. In 2
001, the 2. _____ decided to 3.______ their company so they could sell company stock on the 4.____ . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
1. Competition, Corporation, Partnership, sole proprietorship
2. consumers, members, partners
3. dissolve, incorporate, nationalize, privatize
4. farmers market, internet, stock market
1. Competition, Corporation, Partnership, sole proprietorship
2. consumers, members, partners
3. dissolve, incorporate, nationalize, privatize
4. farmers market, internet, stock market
1 answer:
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Hello there!
Answer:
The working capital ratio would be 2.38:1
Explanation:
To find the working capital ratio of a company, we would need to get the total assets and liabilities and divide them.
Assets:
You would have $285,000 in total assets
Liabilities:
You would have $120,000 in total liabilities.
Now, we would divide 285,000 by 120,000 in order to get your ratio.
Lets solve:
If you need to round, you would round the 5 over to the 7 to turn it to 8.
Your ratio would be 2.38:1
2.38:1 would be the CORRECT answer.