Author Question: An MP3 Company has cash assets of 5,000,000 and accounts receivable of 3,500,000 . Their accounts ... (Read 270 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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library