« previous next »

Author Question: Lia's Swim Shoppe has current liabilities of 298,100; cash in the amount 52,500; securities valued ... (Read 103 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 24, 2018
Lia's Swim Shoppe has current liabilities of 298,100; cash in the amount 52,500; securities valued at 95,400; and accounts receivable of 158,200. Calculate the acid test ratio. (Round to the nearest hundredth)
 A) 1.80:1
  B) .85:1
  C) .97:1
  D) 1.03:1

Question 2

Solve for the portion, rounding to hundredths when necessary: 26 of 1,800 =


chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

468


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives
Instruct the patient to use an applicator to apply a small amount of stool in the appropriate boxes ... Instruct the patient to use an applicator to apply a small amount of stool in the appropriate boxes ...
When the exhaust is rich, the PCM applies a negative current into the pump cell. When the exhaust is rich, the PCM applies a negative current into the pump cell.
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Converting enzyme activity to its amount Converting enzyme activity to its amount
The current status of gene therapy worldwide The current status of gene therapy worldwide
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library