This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A department store has current assets of 320,750 and current liabilities of 198,545. What is the ... (Read 51 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jun 24, 2018
A department store has current assets of 320,750 and current liabilities of 198,545. What is the store's current ratio, to the nearest tenth?

Question 2

The Uptown Grill had a gross profit of 118,400 and operating expenses of 94,530 last month. What was its net income?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 24, 2018
Answer to Question 1

1.6 : 1

Answer to Question 2

23,870


faduma

  • Member
  • Posts: 528
Reply 2 on: Jun 24, 2018
Excellent

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

An emergency department physician at work An emergency department physician at work
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Concentric double-pipe heat exchanger for co-current flow Concentric double-pipe heat exchanger for co-current flow
Current Geopolitical Framework Current Geopolitical Framework
Magnetic Force on a Current Carrying Conductor Magnetic Force on a Current Carrying Conductor
Video: Miller's reaction chamber experiment Animation

For a complete list of videos, visit our video library