Answer:
0.82 times
Explanation:
The computation of the quick ratio is shown below:
Quick ratio = Quick assets ÷ total current liabilities
where,
Quick assets = Cash + accounts receivable
= $500 + $900
= $1,400
And, the current liabilities is
= Notes payable in six months + accounts payable
= $600 + $1,100
= $1,700
So, the value would equal to
= $1,400 ÷ $1,700
= 0.82 times
The inventory is not included.
Answer: -interact with others
- work outdoors
- focus on details
Explanation:
I just did edgenuity
Answer:
$1,059,050
Explanation:
The computation of the anticipated level of profits for the expected sales volumes is shown below:
Expected sales 209,000 305,000
Particulars Chicken Fish
Sales $815,100 $1,525,000
Less:
Variable cost -$407,550 -$762,500
Contribution margin $407,550 $762,500
Now the profit would be
= Total contribution margin - total fixed cost
= $407,550 + $762,500 - $111,000
= $1,059,050
The sales are variable cost are come by multiplying the units with its price per taco.
Answer:
c. be partially met
Explanation:
Business ethics obligations is what a firm ought to do, course of action is defined and draws a line between right and wrong.
A business has an ethical obligation to make profit for its owners and also to give back to society by supporting other busines growth.
Invested Capital Corporation is fulfilling its obligations to society by providing other firms with funds to expand their operations. Their business ethics obligation is partially met because they are not also focusing on their own productivity.