Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of the quick ratio ?

Answers

Answer 1

Answer:

the value of the quick ratio is 1.11 times

Explanation:

The computation of the value of the quick ratio is shown below:

Quick Ratio = Total Quick Assets ÷ Total current liabilities

= [Cash + Accounts Receivables] ÷ Accounts Payable

= [$145 + $99] ÷ $219

= $244 ÷ $219

= 1.11 Times

Hence, the value of the quick ratio is 1.11 times


Related Questions

If a tour costs the tour operator $1,500 per person and the operator has a markup of 15 percent, how much would a pair of customers pay for tours?


$3,450

$300

$3,300

$3,000

Answers

It would the 3,450 cuz if it is 15 percent mark up per person then it would be 1725 but the question is how much would a pair of customers so multiplied by two because it says a pair

In addition to the owner, how many employees can a sole proprietorship have?

a.0
b.1
c.5
d.many

Answers

Answer:

A sole proprietorship is a business owned by only one person. The most common form of ownership, it accounts for about 72 percent of all U.S. businesses[1]. It’s the easiest and cheapest type of business to form: if you’re using your own name as the name of your business, you just need a license to get started, and once you’re in business, you’re subject to few government regulations.

As sole owner, you have complete control over your business. You make all important decisions, and you’re generally responsible for all day-to-day activities. In exchange for assuming all this responsibility, you get all the income earned by the business. Profits earned are taxed as personal income, so you don’t have to pay any special federal and state income taxes.

Explanation:

Answer:

answer is many

Explanation:

just took quiz

What bussines do you have?​

Answers

Answer:

My shreks pizza is my business

Explanation:

answer: Shrek

Explanation:

Regarding product life cycles, good marketing managers know that: A. all new brands start off in the market introduction stage. B. product life cycles can be extended through product modifications. C. a product must pass through all the product life cycle stages. D. no strategy planning is needed during the sales decline stage. E. a firm should use penetration pricing during market introduction, especially if the cycle is expected to move slowly.

Answers

Answer:

B. product life cycles can be extended through product modifications.

Explanation:

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

Regarding product life cycles, good marketing managers know that product life cycles can be extended through product modifications.

This ultimately implies that, marketing mix such as price, promotion, place and product can all be changed so as to impact or extend life cycle of a particular product.

PLEASE HELP ME
My career is a traveling nurse

Answers

Answer:

Step by step explanation

Which career pathway describes the two main aspects of the Business, Management, and Administration career
cluster?
O Management and Budgeting
Secretarial and Administration
Management and Administration
O Marketing and Business
PLEASE HELP ME

Answers

Answer:

Secretarial and Administration

Explanation:

Business, Management, and Administration can be defined as a strategic process which typically involves controlling, directing and organizing the personnel and resources of a business in order to achieve the goals and objectives of the business firm. Thus, it provides students with the requisite knowledge and skills for the effective and efficient management of the operations of a business based on factors such as finance, administrative functions, records, and secretarial.

Hence, the career pathway which describes the two main aspects of the Business, Management, and Administration career cluster are Secretarial and Administration. These two aspects deals with office management, records and book keeping, typing of documents, etc.

Answer:

C

Explanation:

A person decides to buy a book to read rather than buying a movie ticket. The movie ticket that the person has given up, is known as

Answers

Answer:

deficit

Explanation:

The person decided to buy a book rather than buy a movie ticket. The movie ticket given by the person is his opportunity cost.

What is an opportunity cost?

Opportunity cost refers to the cost of forgone alternative. In simple words, it means the level of satisfaction that can be derived from choosing another thing over one.

If the person buys the book rather than buying a movie ticket, the satisfaction that can be derived from watching the movie will be termed as the opportunity cost incurred by the person.

Therefore the correct option is opportunity cost.

Learn more about opportunity costs here:

https://brainly.com/question/17311000

Emilia is studying global development, and in investigating underdevelopment in Africa, she turns to economist Jeffrey Sachs. She agrees with Sachs's point of view, that a. underdevelopment is an unsolvable problem because it is rooted in private property. b. the most important factor shaping Africa's history is governmental corruption. c. brutal as they may be, mass poverty and starvation help balance the human population. d. Africa's challenges include its geography and colonial legacies.

Answers

Answer:

d. Africa's challenges include its geography and colonial legacies

Explanation:

Jeffery Sachs is an economist and a worldwide expert on fight against poverty, economic, and sustainable development.

He believes Africa's challenges include its geography and colonial legacies

Colonial legacies have resulted in continued exploitation of the African continent through continued influence present government and as a result key policies.

Geographs of the continent also poses problems. The tropical weather results in low nutrient retention by the soil, therefore more effort is used to produce substantial agricultural output

ways in which landscape can be created .plz answer this ​

Answers

Answer:

finding land and making the land into wha ever yu want

Explanation:

hopes this helps

Safety expert Larry Shipiner works for TransWave International, a company that markets patented electronic sensors as an early warning device for locating potential problems with buried pipelines. Shipiner discusses pipeline safety issues with gas, oil, and water companies and explains new federal regulations on pipeline maintenance. He determines what potential safety problems exist, but he does not solicit orders-that is done by a sales team that designs a warning system to meet the specifications of the buyer. Shipiner is an example of a(n)

Answers

Answer:

sales engineer

Explanation:

A sales engineer is a person that handles sales of complicated technology to clients. He will have to have an indepth knowledge of how the product works as well as troubleshooting for problems that may be encountered.

In the given scenario TransWave International markets patented electronic sensors as an early warning device for locating potential problems with buried pipelines.

Shipiner is the sales engineer, and his duties include:

-discussion of pipeline safety issues with gas, oil, and water companies and explains new federal regulations on pipeline maintenance.

- determination of potential safety problems

Please, someone help me. :(

Answers

Answer:

All u have to do is graph the points from the table above

Explanation:

Under a flexible-price monetary approach to the exchange rate Group of answer choices when the domestic money supply falls, the price level would fall right away, causing an increase in the interest rate. when the domestic money supply falls, the price level would fall right away, causing a reduction in the interest rate. when the domestic money supply falls, the price level would fall right away, keeping the interest rate constant when the domestic money supply falls, the price level would eventually fall, increasing the interest rate. when the domestic money supply falls, the price level would eventually fall, keeping the interest rate constant.

Answers

Answer:

when the domestic money supply falls, the price level would eventually fall, keeping the interest rate constant.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

The flexible-price monetary model was developed by Frenkel and Mussa in 1976 and it states that the prices of goods are flexible while the purchasing power parity (PPP) is always constant.

Under a flexible-price monetary approach to the exchange rate when the domestic money supply falls, the price level would eventually fall, keeping the interest rate constant.

QUICK!! FiRST PERSON TO ANSWER THIS CORRECTLY GETS BRAINLIES

Answers

Answer:

I belive it's A.

Explanation:

Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.

Item 22 Burke's Corner currently sells blue jeans and T-shirts. Management is considering adding fleece tops to its inventory to provide a cooler weather option. The tops would sell for $49 each with expected sales of 3,600 tops annually. By adding the fleece tops, management feels the firm will sell an additional 215 pairs of jeans at $59 a pair and 350 fewer T-shirts at $20 each. The variable cost per unit is $27 on the jeans, $11 on the T-shirts, and $23 on the fleece tops. With the new item, the depreciation expense is $29,000 a year and the fixed costs are $64,000 annually. The tax rate is 40 percent. What is the project's operating cash flow

Answers

Answer:

the project's operating cash flow is $117,485

Explanation:

Operating Cash flow is the cash resulting from a Company`s trading activities. This excludes finance charges, income taxes and depreciation.

Calculation of project's operating cash flow

Fleece - Top Sales ($49 x 3,600 tops)     $176,400

Jean Sales ($59 x 215 pairs)                       $12,685

T - Shirt Sales ($20 x 350)                            $7,000

Total Sales Revenue                                 $196,085      

Less Variable Costs

Jeans ($27 x 215 pairs)                              ($5,805)

T - Shirts ($11 x 350)                                   ($3,850)

Fleece - Top ($23 x 215 pairs)                   ($4,945)

Contribution                                               $181,485

Less Fixed Costs                                       ($64,000)

Operating Cash flow                                 $117,485

Conclusion :

the project's operating cash flow is $117,485.

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