Author Question: An MP3 Company has cash assets of 5,000,000 and accounts receivable of 3,500,000 . Their accounts ... (Read 237 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
An MP3 Company has cash assets of 5,000,000 and accounts receivable of 3,500,000 . Their accounts payable total is 2,500,000 . What is the acid test ratio?
 a. 1.4:1
 
  b. 2:1
 
  c. 3.4:1
 
  d. 4.3:1

Question 2

The building blocks of all spreadsheet simulation models are:
 a. deterministic inputs
  b. random numbers between 0 and 1
  c. decision variables
  d. probability distributions for uncertain input variables



ryhom

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

For a complete list of videos, visit our video library