Blushing Co. had Total Assets of $105,000, which included Cash of $30,000, Accounts Receivable of $15,000 Merchandise Inventory of $60,000. Blushing also had Total Liabilities of $95,000, which included Current Liabilities of $60,000. Blushing's acid-test ratio equals:

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Answer 1

The Acid-test ratio of Blushing Co,. is 1.25.

Acid-test ratio is also known as the quick ratio. It is the ratio of a firm's current assets to its current liabilities.  It is a type of liquidity ratio. Liquidity ratio measures the ability of a firm to meet its short term obligation. The higher the acid-test ratio, the higher the liquidity of the firm.

Acid test ratio = (current asset - inventory) / current liabilities

Current assets - inventory = $105,000 - $60,000 = $45,000Current liabilities = $60,000 Acid-test ratio = $45,000 /  $60,000 = 0.75

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Related Questions

the desire and ability to produce and sell a product is

Answers

Answer:

good salesmanship?

Explanation:

Head Time is a local salon that requires all its stylists to graduate from a recognized hairstyling institute and pass the state licensing examination prior to joining work. Due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria ________.

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Answer:

educational

Explanation:

one of the tools available for measuring brand equity was developed by young & rubicam. it is called the brand asset valuator. which four consumer perspective dimensions does it use to evaluate a brand’s equity?

Answers

Answer: esteem, differentiation, relevance, knowledge

Explanation:

Brand equity is a measure of the worth of a brand the use of tools and techniques are essential for the development of the brand as per the young & Rubicam.

The perspective dimensions include esteem, differentiation, knowledge, and relevance. The esteem of a brand is the image of the brand and differentiation is the means by which the brand is set apart.  The knowledge of the brand is the customer's understanding of the brand and ability to recall its products. Relevance is the connection of emotions to the brand.

Hence these are tools for measuring brand equity.

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On May 12, 2022, Hudson Merchandise sold merchandise on account to Guzman Housewares for $6,897, terms 3/10, n/30. If Guzman returns merchandise with a sale price of $318 on May 15, 2022, what amount will Hudson record in their Cash account if Guzman pays in full on May 20, 2022

Answers

The amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.

Using this formula

Cash account =[(Merchandise on account - Merchandise sale price)× (1-Discount rate)]

Where:

Merchandise on account=$6,897

Merchandise sale price=$318

Discount rate=3%

Let plug in the formula

Cash account=[($6,897 - $318)×(1-0.03)]

Cash account=$6,579× 0.97

Cash account= $6.381.63

Inconclusion the amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.

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A company's ____________ is the percentage of the total target market for the product that belongs to the company.
__________________________
→ A.Market saturation
→ B.Market share
→ C.Brand image
→ D.Market information
_________________________
THANKS!
-----------------------------------------------

Answers

Answer:

Market Share

Explanation:

Market share is the percentage of total output/revenueA company's Market Share is the percentage of the total target market for the product that belongs to the company.

Answer:

A company's market share is the percentage of the total target market for the product that belongs to the company.

The following events took place at a manufacturing company for the current year: (1) Purchased $95,000 in direct materials. (2) Incurred labor costs as follows: (a) direct, $56,000 and (b) indirect, $13,600. (3) Other manufacturing overhead was $107,000, excluding indirect labor. (4) Transferred 80% of the materials to the manufacturing assembly line. (5) Completed 65% of the Work-in-Process during the year. (6) Sold 85% of the completed goods. (7) There were no beginning inventories. What is the journal entry to record the direct labor costs for the period

Answers

The journal entry to record the direct labor costs includes a Debit to Work-In-Process Inventory and Credit to Wages Payable.

Basically, in manufacturing account, the Direct labor cost refers to the wages/salaries that are incurred in order to produce/provide goods or services to customers

In order to record the direct labor costs for a period, the journal entry will includes a Debit to Work-In-Process Inventory and Credit to Wages Payable.

in this question from Number 2, the incurred direct labor costs is $56,000. Therefore, there will be a Debit of 56,000 to Work-In-Process Inventory and Credit of $56,000 to Wages Payable.

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Which is an example of ethical investing?
A. Michael invests in a company because its financials are solid.
B. Liam puts money into a mutual fund that produces steady returns.
C. Erin invests in a company because of its commitment to the
environment.
D. Kaori sells her shares in a company because she needs the
canital

Answers

Answer:

C

Explanation:

C. Erin invests in a company because of its commitment to theenvironment.

Which of the following statements about the technical view of organizations is not true? It sees the firm as being infinitely malleable. It sees the organization as a social structure similar to a machine. It emphasizes group relationships, values and structures. It sees capital and labor as being easily substituted for one another. It focuses on how inputs are combined to create outputs when technology changes are introduced into a company.

Answers

The statement that can not be considered a true statement as regards technical view of organizations is A: It sees the firm as being infinitely malleable.

From a technical view, an organization can be regarded as formal, legal as well as social structure which involves the  processes of resources as inputs, so that output can be produced.

It focuses on the processes that are needed to be followed in order to utilize the inputs for the creation of outputs.

It involves the utilization of change in technology in acheiving the goals of the company.

Therefore, option A is correct.

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lyft’s use of driver ratings helps to give passengers confidence in their knowledge of the drivers and to convey trust. this relates to which component of service quality?

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Assurance to humans in terms of service delivery is very important. It tells if service delivered is acceptable or not. This relates to Assurance component of service quality.

In the various sector or the economy, there are various ways used to improve service quality. In the transportation sector, service quality is done through:

The encouragement of agent feedback.

The use of agents listen to calls.

The sending of post-contact surveys after every interaction. etc.

Conclusively, Service Assurance is the use of policies and processes by any firm to make sure that services rendered meet a pre-defined service quality level.

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Which of these is a reason a closed culture is
more thoughtful about change in the
organization?
A. Change takes much longer in large organizations.
B. Ideas for change are debated in large organizations.
C. Hierarchy makes change impossible in large organizations.

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Help me with my question posted and I’ll help with yours

where is the account accumulated depreciation on equipment found on the financial statements?

Answers

Answer:

The Balance Sheet

Explanation:

The accumulated depreciation lies right underneath the "property, plant and equipment" account in a statement of financial position, also known as a balance sheet or report on financial condition.

to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.

Answers

Firms or organizations always recruit from external sources to fill vacancies in their firm. To recruit from outside organization, Lance, an hr manager, shares his company's job openings on social media and online job postings.

External recruitment uses assessment of an available pool of job candidates, to find skilled or qualified to fill and perform existing job vacancies.

It entails searching outside of the current employee pool to fill open positions in an organization.

A company always source from outside hire.Through outside recruitment, a firm can invigorate their organization with fresh talent.

Conclusively, Employee Referrals. Networking (Informal, Formal) Job Fairs (Online and Virtual) are some ways to source from outside organization.

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With respect to the selection tools that are used in processing applicants for a sales job:Group of answer choicesNone of these is correct.Companies should use standardized forms (developed for general use by any company) as much as possible.The most effective sequence is to start with an application blank and follow up with a series of interviews.The least costly tools should be used first.Under Affirmative Action guidelines, a company is not allowed to use psychological tests.

Answers

The companies should use the standardized forms because it is the most effective and guarantee quality selection.

Let understand that Selection tools are those tools used in selection process of hiring qualified applicant for a job.

The various method of selecting qualified applicant include:

Preliminary screeningPhone interviewsFace-to-face meetings etc

The standardization form of selecting applicants is most effective because its means that the process have been established and guarantees quality selection.

Therefore, Option A. is correct.

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In the past, personal selling has garnered a reputation as being too aggressive. You would like to test whether these perceptions have changed after the implementation of ethical principles for the personal selling industry. To start off your research, you would like to ask ten consumers in a group setting a set of questions about their views of personal selling. This is an example of
A) conclusive research.
B) observation.
C) a customer advisory board.
D) experimental research.
E) a focus group.

Answers

D. Experimental research

How is a compressed work week different from a traditional work week?

You work one more day in a compressed work week.
You work forty hours in a compressed work week.
You work one less day in a compressed work week.
You work less than forty hours in a compressed work week.

Answers

Answer:

A compressed work allows the employee to work for 35-40hours workweeks in less than five workdays.

35-40 hours
have a great day

a lost check with a blank endorsement on it can be cashed by

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Answer:

A Blank Endorsement is - an endorsement consisting only of the endorser's signature. * If the blank endorsed check is lost or stolen, the check can be cashed by anyone who has it, so only use it when it is ready to be directly cashed or deposited into the bank. SPECIAL ENDORSEMENT.

Explanation:

How does your credit score impact the personal loan options you have
available?

(Put the correct answer )

Answers

Answer:

bad credit score would negatively affect your loan options because the bank won't see you as someone who can pay it back on time

on friday, elsbeth deposited her pay check for $872.56. what was the account’s final total? -$866.84 $878.28 $895.03 $903.10

Answers

It is I think $2670.96

Answer:

The correct answer is B. $878.28

Explanation:

Trust me.

In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base their fees on?

Answers

Using the information on the chart, there exists a direct proportional relationship between fee and dollar advanced.

From the bar graph, Fee and dollar advanced are represented by the green and brown bars.

Looking closely, the green and brown bars are virtually the same for each of the different number of transactions recorded.

The percentage value of fee, and share of dollar advanced have almost the same percentage in each group.

Therefore, Fee and share of dollar advanced are directly proportional based on the display produced by the bar chart.

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Karen is the next employee scheduled to attend 3 weeks of training in another state. Her employer knows the training will disrupt Karen's family life. The employer arranges cell phone service and Internet access for Karen to communicate daily with her family while she is away. Other coworkers tell Karen how useful the training has been, and that the time away goes quickly. By supporting Karen, the coworkers and the employer are improving Karen's _______ to learn.

Answers

By supporting Karen, co-workers and the employer are improving Karem's willingness to learn during her training, which is positive behavior that encourages and motivates the employee.

Training helps in the development of employees, makes them more motivated, creative and consequently productive, which is an essential advantage for companies to remain competitive and profitable.

Team behaviors also demonstrate an organizational culture favorable to collaboration, understanding and the development of employee skills and competencies.

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What topics should be included in the marketing plan?

Answers

Answer:

Price Place Promotion Product

Explanation:

It is pretty self explanatory.

Traditional stock split definition

Answers

Answer:A traditional stock split is also known as a forward stock split. ... A company that issues a reverse stock split decreases the number of its outstanding shares and increases the share price. Like a forward stock split, the market value of the company after a reverse stock split would remain the same.

Explanation:

Answer:

A traditional stock split is also known as a forward stock split. ... A company that issues a reverse stock split decreases the number of its outstanding shares and increases the share price. Like a forward stock split, the market value of the company after a reverse stock split would remain the same.

Explanation:

I hope this help! :)

A bond's coupon payment is:______.
a. interest that is paid by the bond issuer when a bond matures a variable interest.
b. amount that is paid to bondholders based on the federal funds rate.
c. a coupon that can be used by bondholders to receive discounts on goods produced by the corporation issuing the bonds.
d. a fixed amount of interest that is paid annually or semiannually by the issuer to its bondholders.

Answers

D.

What is a coupon payment on a bond?

-A coupon or coupon payment is the annual interest rate paid on a bond

hope it's correct

when is a supplier standards form required to be provided to the beneficiary

Answers

A supplier standards form is required to be provided to the beneficiary when requested by the beneficiary on their authorized representative and upon the fist fill

A Medicare provider is known as a person, facility, or agency that Medicare will pay to give care to Medicare beneficiaries. A Medicare provider could be a home health agency, a hospital. etc.

The supplier standard forms is simply known to be a form of notification that must be given to Medicare part B beneficiary when it is requested as always, upon the first of the Medicare part B item for the patient.

Conclusively, without the use of authorized representative in place of beneficiary when needed, the supplier standard forms will not be issued.

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What is a “work point”?

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Answer:

A work point is an independent entity whose location is defined in space

For six months, Joel paid the minimum amount due on his credit card bill on time and didn't see his balance rise as a result. Then, he saw the amount owed suddenly jump. What is one possible reason this happened?

A. He was charged a minimum-payment penalty.

B. His interest rate increased.

C. He was charged an overdraft fee.

D. Late fees were added to his bill.​

Answers

The sudden rise in the credit card bill of Joel would be due to the increase in rates of interest.

Option B is correct.

What is interest rate?

Interest rate is the percentage being charged on the total amount of borrowed funds being taken by the borrower.

Joel 's credit card bill seemingly risen which he wouldn't noticed in spite of being paid the amounts on time. This happens due to rise in rates of interest being levied on the total amount of credit card.

Therefore, the reason being mentioned in Option B is correct.

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#SPJ2

was there new technology or innovation involved in epidemiology​

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Answer:

Epidemiology has evolved with the development of new molecular technologies that refine the way we investigate the relationships between exposure and disease.

based on normal market reaction, the market price of stock will:

Answers

Explanation:

the study of the characteristics of human populations such as size density age race gender and income is known as

Suppose the price of crude oil used to produce gasoline rises significantly. At the same time, consumers purchase hybrid cars in great numbers. In the market for gasoline, the market clearing price ________ and the equilibrium quantity ________. definitely falls, is indeterminate is indeterminate, definitely falls definitely rises, is indeterminate definitely falls, definitely rises

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is indeterminate, definitely falls

the ____________________ is based on the prices of merchandise that are exported or imported.

Answers

The International price index is based on the prices of merchandise that are exported or imported.

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