Compute the current ratio for each of the three years.The given data is as follows:Current Yr:1 Yr Ago:2 Yrs Ago:Current assets$271,648$218,871$162,166. Current liabilities$148,256$86,745$55,902. To calculate the current ratio, we use the formula below:Current Ratio = Current Assets / Current Liabilities. Now we will calculate the current ratio for each of the three years.Current Yr = 271,648 / 148,256 = 1.83:11 Yr Ago = 218,871 / 86,745 = 2.52:12 Yrs Ago = 162,166 / 55,902 = 2.90:1.
Therefore, the current ratio for the Current Year, 1 Year Ago and 2 Years Ago are 1.83:1, 2.52:1, and 2.90:1, respectively.Required 1B:Did the current ratio improve or worsen over the three year period?From the above calculation, it is clear that the current ratio has worsened over the three-year period. This is because the current ratio was highest 2 years ago (2.90:1) and has since then declined. The current ratio for the Current Year (1.83:1) is lower than the ratio for the 1 Year Ago (2.52:1).Required 2A:Compute the acid-test ratio for each of the three years.
The given data is as follows:Current Yr:1 Yr Ago:2 Yrs Ago:Current assets$271,648$218,871$162,166Current liabilities$148,256$86,745$55,902Cash$34,086$40,656$41,507To calculate the acid-test ratio, we use the formula below:Acid-Test Ratio = (Current Assets - Inventory) / Current LiabilitiesNow we will calculate the acid-test ratio for each of the three years.Current Yr = (271,648 - 95,897) / 148,256 = 1.00:11 Yr Ago = (218,871 - 95,897) / 86,745 = 1.38:12 Yrs Ago = (162,166 - 95,897) / 55,902 = 1.18:1.
Therefore, the acid-test ratio for the Current Year, 1 Year Ago and 2 Years Ago are 1.00:1, 1.38:1, and 1.18:1, respectively.Required 2B:Did the acid-test ratio improve or worsen over the three year period?From the above calculation, it is clear that the acid-test ratio has worsened over the three-year period. This is because the acid-test ratio was highest 1 year ago (1.38:1) and has since then declined. The acid-test ratio for the Current Year (1.00:1) is lower than the ratio for 1 Year Ago (1.38:1).
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Select all that apply Review the following statements and select the ones which accurately describe a Petty Cash fund. Select all answers which apply. Multiple select question. It is established to pay for small payments like postage, shipping fees, etc. It is used to avoid the time and cost of writing checks for small amounts. It is an account used to record small sales amounts. It is an expense reported on the income statement. It is an asset reported on the balance sheet.
Answer:
It is established to pay for small payments like postage, shipping fees, etc.
It is an asset reported on the balance sheet.
It is used to avoid the time and cost of writing checks for small amounts
Explanation:
A Petty Cash is simply any amount of cash kept on hand and used for making small payments. It is usually placed on the asset account and it account also increases on the debit side and decreases on the credit side.
The Petty Cash fund is set up with the use of the following:
1. Date
2. Debit
3. Credit
4. Source Document
Businesses promote use of Petty Cash funds due to it having some small payments for which writing a check is not time or cost effective. It is increase by replacimg or putting more money back in the petty cash box. Before putting money, an evidence of the fund being put in to the box must be complete.
Answer:
It is established to pay for small payments like low-cost supplies and shipping fees, etc.
It is an asset reported on the balance sheet.
Explanation:
first answer is incorrect
Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
The top-down method for estimating project time and cost that uses weighted variables based on major parameters and is frequently used in the development of software is known as the ____________ method. Multiple Choice ratio consensus learning curves apportion function point
Answer:
function point
Explanation:
The top-down method for estimating project time and cost that uses weighted variables based on major parameters and is frequently used in the development of software is known as the FUNCTION POINT METHOD
This is because, in the computer technology industry, the Function Point method is a type of strategy that is utilized in measuring software development projects.
It is considered to be a weighted macro variable such as volume of inputs, the volume of outputs, the volume of inquiries, volume of data files, and volume of interfaces.
To attract new customers, a company offers zero percent credit for new
purchases. As a result, they increase their sales but also increase their
accounts receivable. Why could this be a problem for the company?
A. They may not have enough cash flow to replenish their inventory.
B. The company's statement of cash flows could appear misleading.
C. The new customers may tell their friends about the great credit
offer.
O D. The new customers may not want the products they purchased.
Answer:
A
Explanation:
Find an article dealing with an opinion poll on a local, state ,or national issue. Write a paragraph summary of when and how the poll was conducted, and what the results indicated.
Discuss whether or not a firm will benefit from an incr ease in its output.
What are the advantages and disadvantages of the three primary business writing formats?
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
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To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
How to Calculate Nominal GDP and Real GDP
Nominal GDP is calculated as the sum of the market values of all final goods and services produced in a given year. Real GDP is calculated as the sum of the quantities of all final goods and services produced in a given year, with each quantity valued at the prices prevailing in a chosen base year.
Nominal GDP and Real GDP are two different measures of a country's economic output. Nominal GDP is the market value of all final goods and services produced in a given year at current market prices, while Real GDP is the market value of all final goods and services produced in a given year at constant prices. Here is how to calculate both:
1. Nominal GDP:
To calculate Nominal GDP, we simply multiply the quantity of each good or service produced in a given year by its current market price and then add up the values for all goods and services. The formula for Nominal GDP is:
Nominal GDP = ∑(Quantity of Good or Service × Current Market Price)
2. Real GDP:
To calculate Real GDP, we first need to choose a base year and use the prices from that year to calculate the value of all goods and services produced in a given year. The formula for Real GDP is:
Real GDP = ∑(Quantity of Good or Service × Base Year Price)
By using a base year price, we can compare the value of goods and services produced in different years without the effects of inflation or deflation. This allows us to see the real growth or decline in economic output over time.
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What are the three signs of workplace discrimination?
Answer:
Inappropriate Questions During a Job Interview.
Lack of Diversity.
Harsh or Demeaning Communications.
Unequal Pay.
Unfair Promotions.
Unjust Disciplinary Actions.
The Takeaway.
Explanation:
In a market economy, equilibrium stays constant and never moves.
True or false
Answer:
false
Explanation:
there is always change in equilibrium any time demand or supply changes.
prompt: what is cash flow?
Cash flow pertains to the transfer of money in and out of an enterprise across a timeframe, commonly quantified via cash inflows and outflows.
What is cash flow?
Cash flow denotes the physical currency produced or dispensed through a company's exploitations, investments, and financial undertakings within a designated period- say, perhaps, one month, quarter, or year.
Cash flow assumes an essential financial measurement discerning for organizations appraising their fluidity, stability, and economic well-being. It grants intelligence into the amount of available monetary funds that companies might avail in extending short-term responsibilities, investing upon development opportunities, as well know putting together payouts to stakeholders.
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shop its made by me clothing! 25% off every purchase for limited time!! shop now!
Ok I will shop there
the major overview of the systems theorists was that firms were a closed system, that is, a system that interacts with its environment. T/F
True. The systems theorists believed that firms were a closed system that interacts with its environment.
Systems refer to interconnected and interdependent elements or components working together to achieve a common purpose or function. Systems can be found in various domains, such as natural ecosystems, technological infrastructure, organizational structures, or social networks. They can be simple or complex, involving interactions and relationships between different parts. Systems thinking involves understanding how the components of a system interact and influence one another, as well as how the system as a whole functions and adapts to changes. Systems thinking helps identify patterns, feedback loops, and the impact of interventions within a system, enabling better problem-solving, decision-making, and holistic understanding of complex phenomena.
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which of the following statements best describes compound interest?
A) compound interest is when you make interest off of your interest. The amount of interest earned is based off of your principal and any accrued interest.
B) compound interest is when you make interest off of your principal. Interest does not Compound on interest that has been previously added to your account. C)compound interest is only paid once a year. If you want an account that pays you interest more often, you will need to open an account that pays simple interest.
D)compound interest does not make you as much money as simple interest.
Answer:
compound interest does not make you as much money as simple interest
The compound interest is the interest when you make interest off of your interest. It is a interest on loan which is calculated on the basis of principal and any accrued interest.
What is compound interest?The compound interest is charged on the loan on both the principal amount and accumulated interest from the previous time periods.
Compound interest is very better to use for investment as it grows the fund at fast rate.
It can be calculated annually, monthly, quarterly or daily basis as well.
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in 1998, the russian government defaulted on its bonds. according to the open-economy macroeconomic model, this should have a. increased russian interest rates and net exports. b. increased russian interest rates and reduced russian net exports. c. reduced russian interest rates and increased russian net exports. d. reduced russian interest rates and net exports.
According to the open-economy macroeconomic model, the Russian government defaulting on its bonds should have reduced Russian interest rates and net exports(D).
When a government defaults on its bonds, it sends a negative signal to investors, causing them to lose confidence in the country's ability to repay its debts. As a result, investors demand a higher premium on holding Russian debt, leading to an increase in interest rates.
However, this increase in interest rates also leads to a stronger currency, making exports more expensive and reducing net exports. On the other hand, a reduction in interest rates, which could happen if the government defaults on its bonds, would lead to a weaker currency, making exports more competitive and increasing net exports.
Therefore, the correct answer is that a default should lead to a reduction in Russian interest rates and net exports(D).
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________ is a process by which strategies and policies are put into action through the development of programs, budgets, and procedures.
The process by which strategies and policies are put into action through the development of programs, budgets, and procedures is called Strategy implementation.
Strategy implementation is the process through which plans are converted to actions. It is a part of the strategic management process through which all the planning, strategizing, and policy making bears fruit. Detailed programs are created, budgets are calculated and allocated,short and long-term outcomes are assumed and step by step procedures are outlined to ensure that tasks are carried out efficiently and effectively.
Following these steps can lead to successful strategy implementation.
Communicate goals: Clearly identify and align the goals and key variables of your strategy.Engage your team:Create focus among your team and drive accountability by delegating work.Execute your plan: Allocate necessary resources and put your strategic plan into action.Stay agile:Shift your approach to work around unforeseen issues as they arise.Get closure:Connect with everyone involved in the project to confirm the completion of their work.Conduct retrospective:Reflect on the implemented strategy to uncover lessons learned for future projects.Therefore, strategy management is a process by which policies and strategies are put into to take action through the development of budgets, procedures, and programs .
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Fran Jefferson began her job as the supervisor of the training department of Metro Bank and Trust Company almost four years ago, she was generally pleased with the four trainers and one secretary in her unit. Indeed, Fran took pride in her ability to create a high morale and high-performance unit. This was particularly pleasing to Fran because they were constantly busy and barely able to keep up with the volume of training expected from them. Then early on Wednesday morning Fran’s secretary, Judy Martin knocked on Fran’s door and asked to see her. Fran Liked Judy and considered the secretary to be one of her "stars." Indeed, in an effort to develop Judy’s talents and abilities, Fran had gone out of her way to give Judy special assignments, including her in all the major planning activities of the department and entrusting her with the administration of certain departmental programs, such as tuition assistance and evaluation follow-through. By now Judy functioned more as an administrative aide than as a secretary. It was clear that Judy was upset about something as she seated herself in the chair next to Fran’s desk. Slowly, Judy placed a job-posting application form in front of Fran. She would not look her supervisor in the eyes. Fran was surprised, to say the least. As far as Fran knew, Judy liked both her hob and working in the Training Department. In turn, everyone else in the department liked and respected Judy. Fran looked over the form and said casually, "so you want to post for the executive secretary job in the Branch Management Division." She paused. Could I ask you for some additional information, Judy? I‘m kind of surprised." Judy looked at her clasped hands, thinking. Fran waited. Finally, Judy looked up and said: "I noticed in last week’s job posting that the executive secretary position is graded as a 14. Now that’s two grades higher than my job!" She caught her breath. "You know my friend Mary Johnson works over there. She told me that half the time the secretary sits around doing nothing." Judy continued, Gathering some anger in her look and resentment in her voice. "Look, Fran, you know how hard I work, how hard we all work, around here. I mean. I’m always busy. I don’t see why I should work in a job graded at a 12 and work twice as hard and yet not be paid the same as that secretary. The job requirements for the job are just a little higher than mine and the merit raise you gave me last month hardly helped at all." Fran listened; then she replied: "It sounds to me, Judy, that you’re feeling angry because you think you should be paid more for the work you do and that you want to switch jobs rather than put up with things as they are. Am I right?" Judy nodded her head in agreement. Fran knew, though, that the Metro hob evaluation system was up to date and that the executive secretary position to which Judy referred did require additional background experience, skills, and responsibilities beyond what was needed in Judy’s current hob. Because her secretary was such a good employee and nice person, Fran was quite concerned. She felt strongly that moving to the executive secretary job would not be what Judy really wanted, and she hated to lose Judy, especially her decision was based on faulty reasoning and the move would not be good for her.
Help me to answer these 3 questions, please.
1. What is/ are the problem/s presented in the case?
2. What HR responsibility/ responsibilities of a line manager does Fran need to focus on to solve the problem/s in this case?
3. What HR activities/ programs can you recommend to be implemented in the organization in order to prevent these problems from happening again?
1. The problem in the case Judy, feels that she is not being paid fairly for the amount of work that she does.
2. Fran needs to focus on the HR responsibility of compensation management in order to solve the problem.
3. The HR activities include pay fairly, create opportunities, create a transparency etc.
The problem presented in the case is that Judy, Fran's secretary, feels that she is not being paid fairly for the amount of work that she does and wants to switch jobs to a higher paying position that she believes requires less work. Additionally, Fran is concerned about losing Judy as an employee and wants to prevent her from making a decision based on faulty reasoning.
She needs to ensure that Judy understands how the job evaluation system works and why the executive secretary position is graded higher and requires additional background experience, skills, and responsibilities. Fran also needs to focus on employee development and career planning in order to help Judy find a position that would be a good fit for her.
Some HR activities and programs that can be implemented in the organization to prevent these problems from happening again include conducting regular compensation reviews to ensure that employees are being paid fairly, providing training and development opportunities and advance their careers, and creating a transparent job evaluation system.
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What position would be the highest in a company's hierarchy?
A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant
Answer: D. Finance administrative assistant
Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job
Describe yield management and how it is used in the hotel industry to achieve revenue goals
Yield management is a pricing strategy used in the hotel industry to optimize revenue by dynamically adjusting room rates based on demand fluctuations.
It involves using historical data, market trends, and forecasting techniques to set prices that maximize revenue from available inventory. In the hotel industry, yield management is used to ensure that room rates are set at the right price and at the right time to attract guests while maximizing profits.
This involves analyzing data on occupancy rates, seasonal patterns, and other market indicators to determine when demand is high or low. Based on this analysis, hotels can adjust their rates accordingly to increase revenue.
For example, during peak periods of demand, such as holidays or events, hotels may increase their rates to maximize revenue. Conversely, during off-peak periods, hotels may offer discounts or promotions to attract guests and fill their rooms.
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how can we use the list of preference while making decisions
Answer:
you Nepal ?
Explanation:
hey what you asking
Dash Plumbing is an established company with 12 employees and a small office in the suburbs of Atlanta. The company had an old copier that was breaking down often, to the dismay of the staff, and it had the resources to buy a new one. Which best describes this situation
Answer:
The people at dash plumbing are in the market for a new copier
Explanation:
Since in the question it is mentioned that Dash publishing is an established company that has 12 employees and has a small office in Atlanta. Also the old copier breaks down and the resources to purchase
So the given situation represent that the dash plumbing people come in the market for a new copier and the same is to be considered
An increase in the real interest rate leads to a(n) O increase in the demand for capital O increase in real output O decrease in the demand for labor O increase in the demand for money
An increase in the real interest rate leads to a decrease in the demand for capital. Option 5.
What is the real interest rate?The real interest rate is the lending and borrowing rate that reflects the real rate of interest on the borrowed amount, accounting for inflation.
The real interest rate is the nominal interest rate minus the inflation rate. It is referred to as the real interest rate since it indicates the actual purchasing power of the borrowed sum. It assists companies in determining how much they will earn from a specific investment, how much they can borrow, and how much they will have to repay.
Therefore, an increase in the real interest rate leads to a decrease in the demand for capital as firms and investors are discouraged from borrowing and investing more due to the high borrowing cost.
Hence, the correct answer is option 5. Decrease in the demand for capital.
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Can anyone help me with these two questions from my assignment?
1. How will an increase in GDP be sustainable? List two reasons.
2.Give two reasons why economic growth may diminish the quality of life of a nation’s people.
Answer:
1. Growth encourages investment, which supports sustainability. Economic growth boosts consumer demand, spending, and confidence, all essential components of a favourable investment environment—which the energy transition will require.
PLEASE HELP ASAP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER
Answer:
thomas edison: I have not failed. i've just found 10000 ways that won't work
Oprah Winfrey: Live your best life
Orville Redenbacher: Find something you love and do it
Explanation:
Hope this helps.
Answer:
Explanation:
Thomas Edison " What does I have not failed I've just found 10000 way "
Oprah Winfrey " Live your best live"
Orville Redebnarcer "Find something you love and do it"
Type a paragraph explaining how you have shown initiative in the past. Use proper grammar, spelling, and punctuation.
Answer: Your previous place of work or employment. A specific instance where you showed initiative. How your initiative impacted yourself or the company.
Explanation:
Businesses want to produce better
products, at better prices, with
better service for customers. Which
of the following is true about
customers?
A. Customers want unlimited goods and resources
from businesses.
B. Businesses can provide unlimited goods and
services for customers.
C. Customers' needs will be satisfied by unlimited
resources.
Answer:
A
Explanation:
WILL GIVE BRAINLY!!!!!!!!
A shift in demand may occur within a community in all of the following cases, except a change in __________.
A. birthrate
B. immigration
C. political leadership
D. age demographic
Answer:
C. political leadership
Explanation:
A shift in the demand curve occurs in many cases except for a change in political leadership.
What do you mean by demand?Demand refers to the ability, or willingness to buy a product, goods, or services.
A change in birthrate, immigration, and age demographic are the reasons for shifting in demand but a change in political leadership does not affect the demand.
Therefore, C is the correct option.
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What theme does the title of tobias full story mortals reflect
The title of Tobias Wolff's short story "Mortals" suggests a theme of human mortality and the inevitability of death. Throughout the story, the characters struggle with their mortality in different ways.
The protagonist, James, is consumed by thoughts of his own mortality after being diagnosed with a potentially fatal illness. He begins to question the meaning of his life and what he has accomplished. His wife, Anne, also grapples with mortality as she reflects on her own aging and the loss of her youth. The title "Mortals" reminds us that all human beings are mortal and will eventually die. The story explores how we cope with this fact and how it influences our decisions and perspectives on life. It also suggests that accepting our mortality can bring us closer to living a more meaningful life.
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Answer:
Everyone is concerned about the legacies they will leave behind.
Explanation: