FS
Fatmiah Saleh S AlMenhaly
Answers (6)
FS
Answered
The legality of the subject matter of a contract determines its validity and enforceability. Legality is generally determined on the basis of public policy or public interest; any agreement contrary to these considerations may be illegal or void.
On Jul 18, 2024
True
FS
Answered
How should you adapt the three-step writing process for wikis?
On Jul 14, 2024
If you are creating a new wiki,think through your long-term purpose carefully,just as you would with a new blog or podcast channel.Doing so will help you craft appropriate guidelines,editorial oversight,and security policies.If you are adding a page or an article to an existing wiki,figure out how this new material fits in with the existing organization.Find out whether any similar material already exists; it might be better to expand an existing article or add a subpage than to create a new item.Also,learn the wiki's preferred style for handling incomplete articles.If you are revising or updating an existing wiki article and you don't agree with published content and plan to revise it,you can use the wiki's discussion facility to share your concerns with other contributors.The wiki environment should encourage discussions and even robust disagreements,as long as everyone remains civil and respectful.
FS
Answered
The following items are reported on Denver Company's balance sheet:?? Cash $190,000 Marketable securities 160,000 Accounts receivable (net) 240,000 Inventory 350,000 Accounts payable 600,000\begin{array} { l r } \text { Cash } & \$ 190,000 \\\text { Marketable securities } & 160,000 \\\text { Accounts receivable (net) } & 240,000 \\\text { Inventory } & 350,000 \\\text { Accounts payable } & 600,000\end{array} Cash Marketable securities Accounts receivable (net) Inventory Accounts payable $190,000160,000240,000350,000600,000 Determine the (a) current ratio and (b) quick ratio. Round your answers to one decimal place.
On Jun 18, 2024
(a)Current Ratio = Current Assets/Current LiabilitiesCurrent Ratio = ($190,000 + $160,000 + $240,000 + $350,000)/$600,000Current Ratio = 1.6
(b)Quick Ratio = Quick Assets/Current LiabilitiesQuick Ratio =
($190,000 + $160,000 + $240,000)/$600,000Quick Ratio = 1.0
(b)Quick Ratio = Quick Assets/Current LiabilitiesQuick Ratio =
($190,000 + $160,000 + $240,000)/$600,000Quick Ratio = 1.0
FS
Answered
If a country has a trade surplus of $40 billion, which of the following can be true?
A) The country's exports are $160 billion, and its imports are $120 billion.
B) The country's exports are $110 billion, and its imports are $150 billion.
C) The country's exports are $120 billion, and its imports are $140 billion.
D) The country's exports are $140 billion, and its imports are $40 billion.
A) The country's exports are $160 billion, and its imports are $120 billion.
B) The country's exports are $110 billion, and its imports are $150 billion.
C) The country's exports are $120 billion, and its imports are $140 billion.
D) The country's exports are $140 billion, and its imports are $40 billion.
On Jun 14, 2024
A
FS
Answered
The following information is available for Clancy Company: Beginning inventory 600 units at $4 First purchase 900 units at $6.50 Second purchase 500 units at $7.20\begin{array}{ll}\text { Beginning inventory } & 600 \text { units at } \$ 4 \\\text { First purchase } & 900 \text { units at } \$ 6.50 \\\text { Second purchase } & 500 \text { units at } \$ 7.20\end{array} Beginning inventory First purchase Second purchase 600 units at $4900 units at $6.50500 units at $7.20 Assume that Clancy uses a periodic inventory system and that there are 760 units left at the end of the month.
Instructions
Compute the cost of ending inventory under the
(a) FIFO method.
(b) LIFO method.
Instructions
Compute the cost of ending inventory under the
(a) FIFO method.
(b) LIFO method.
On May 19, 2024
(a) FIFO Ending Inventory Cost:
500×$7.20=$3,600260×$6.50=1,690‾$5.290‾\begin{array} { r } 500 \times \$ 7.20 = \$ 3,600 \\260 \times \$ 6.50 = \underline { 1,690 } \\ \underline { \$ 5.290 } \end{array}500×$7.20=$3,600260×$6.50=1,690$5.290
(b) LIFO Ending Inventory Cost:
600×$4=$2,400160×$6.50=1,040‾$3,440‾\begin{array} { r } 600 \times \$ 4 = \$ 2,400 \\160 \times \$ 6.50 = \underline { 1,040 } \\ \underline { \$ 3,440 }\end{array}600×$4=$2,400160×$6.50=1,040$3,440
500×$7.20=$3,600260×$6.50=1,690‾$5.290‾\begin{array} { r } 500 \times \$ 7.20 = \$ 3,600 \\260 \times \$ 6.50 = \underline { 1,690 } \\ \underline { \$ 5.290 } \end{array}500×$7.20=$3,600260×$6.50=1,690$5.290
(b) LIFO Ending Inventory Cost:
600×$4=$2,400160×$6.50=1,040‾$3,440‾\begin{array} { r } 600 \times \$ 4 = \$ 2,400 \\160 \times \$ 6.50 = \underline { 1,040 } \\ \underline { \$ 3,440 }\end{array}600×$4=$2,400160×$6.50=1,040$3,440
FS
Answered
Which of the following is an important consideration before choosing to use a functional résumé?
A) Functional résumés often lack evidence of job experience.
B) Most managers prefer functional résumés.
C) Functional résumés can highlight academic qualifications.
D) Functional résumés minimize specific job skills gained in previous positions.
E) Functional résumés are the most common résumé format used today.
A) Functional résumés often lack evidence of job experience.
B) Most managers prefer functional résumés.
C) Functional résumés can highlight academic qualifications.
D) Functional résumés minimize specific job skills gained in previous positions.
E) Functional résumés are the most common résumé format used today.
On May 15, 2024
A