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Author Question: A department store has current assets of 320,750 and current liabilities of 198,545. What is the ... (Read 62 times)

faduma

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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?



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Alyson.hiatt@yahoo.com

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Answer to Question 1

1.6 : 1

Answer to Question 2

23,870




faduma

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Reply 2 on: Jun 24, 2018
Wow, this really help


Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

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