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Noluthando Ndaba
Answers (2)
NN
Answered
As used in everyday language,________ mean more than the sum of their literal parts,so they cannot be taken literally.
A) noun clauses
B) prepositional phrases
C) idiomatic phrases
D) adverbial clauses
A) noun clauses
B) prepositional phrases
C) idiomatic phrases
D) adverbial clauses
On Sep 26, 2024
C
NN
Answered
The following data were shown in the records of Victoria Company at the end of 2019:
Calculate each of the following ratios.Round your answers to one decimal place.
A.Quick ratio
B.Current ratio
C.Receivable turnover ratio
D.Inventory turnover ratio
E.Average days to collect receivables
F.Average days to sell inventory
Calculate each of the following ratios.Round your answers to one decimal place.A.Quick ratio
B.Current ratio
C.Receivable turnover ratio
D.Inventory turnover ratio
E.Average days to collect receivables
F.Average days to sell inventory
On Sep 22, 2024
A.Quick ratio = $180,000 ÷ $50,000 = 3.6.
B.Current ratio = $225,000 ÷ $50,000 = 4.5.
C.Receivable turnover ratio = $120,000 ÷ $10,000 = 12.0 times.
D.Inventory turnover ratio = $84,000 ÷ $42,000 = 2.0 times.
E.Average days to collect receivables = 365 ÷ 12 = 30.4 days.
F.Average days to sell inventory = 365 ÷ 2 = 182.5 days.
B.Current ratio = $225,000 ÷ $50,000 = 4.5.
C.Receivable turnover ratio = $120,000 ÷ $10,000 = 12.0 times.
D.Inventory turnover ratio = $84,000 ÷ $42,000 = 2.0 times.
E.Average days to collect receivables = 365 ÷ 12 = 30.4 days.
F.Average days to sell inventory = 365 ÷ 2 = 182.5 days.