Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of the quick ratio ?

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Answer 1

Answer:

the value of the quick ratio is 1.11 times

Explanation:

The computation of the value of the quick ratio is shown below:

Quick Ratio = Total Quick Assets ÷ Total current liabilities

= [Cash + Accounts Receivables] ÷ Accounts Payable

= [$145 + $99] ÷ $219

= $244 ÷ $219

= 1.11 Times

Hence, the value of the quick ratio is 1.11 times


Related Questions

Spotlight on India and Mexico Question Number 1) India’s rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. This trend is indicative of the world economic trend that ________. a Manufacturing is increasing only in developing countries b Manufacturing is declining c production has been decoupled from employment d Communism is on the rise e Currency trading has decreased Previous Question 1 of 5 (0 completed) Next

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Answer:

production has been decoupled from employment

Explanation:

We aren't informed about India’s which is rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. In this case, This trend is indicative of the world economic trend that production has been decoupled from employment.

Decoupled Production can be regarded as a case whereby company/ firms brings about separation of production from ideation, employment as well as media buying. And in some cases, a chosen production house takes responsibility for production work.

Labor arbitration: a. Is promulgated by the employer to resolve statutory claims. b. Gives the employer the dominant power. c. Allows the employer to unilaterally design the procedures and determines that disputes related to employment subjects will be resolved in arbitration. d. Provided for final resolution of disputes interrupting work that contributed to the war effort. e. The decision of the arbitrator involves interpretation and application of company-developed personnel policy or a public law.

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Answer:

d. Provided for final resolution of disputes interrupting work that contributed to the war effort.

Explanation:

Labor arbitration refers to a common reference of disputes between the executive management of a business firm (company) and labor unions to an impartial third party known as an arbitrator, for final resolution of the disputes or disagreements.

This ultimately implies that, labor arbitration provided for final resolution of disputes interrupting work that contributed to the war effort.

Basically, it comes as the last step for the resolution of disputes or disagreements with respect to collective-bargaining agreement, after every other measure to reach an agreement (settlement) have been exhausted

Type your summary here. Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.

Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.

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The exercise is about summaries. It tests your ability to summarize an article.

What is a Summary?

A summary refers to a concise statement or account or report of the key points of an event, story, or literature.

A summary is usually exclusive of details that are not necessary. It focuses on the key points.

The key points of a text are usually found in the introduction and the conclusions of the text. One must however ensure that they read through the entire text to get the true context of what is being summarized.

Learn more about Summaries at:

brainly.com/question/25605883

Answer:

The article I read was "The World Bank slashes its forecast for global economic growth." by New York Times https://www.nytimes.com/2022/04/18/business/the-world-bank-slashes-its-forecast-for-global-economic-... . To summarize, the estimation made by The World Bank that the economy would grow at a rate of 4.1 percent was revised due to the conflict in Ukraine. The World Bank is now estimating the economy would grow 3.2 percent globally. The article then goes into the effect the conflict will have on consumers.

This topic relates to entrepreneurship because global economic growth benefits entrepreneurs because knowing the projected economic growth can allow business owners to better predict the growth they should expect to see. This is important when examining the statistics of a business because it gives a baseline of comparison to see if the business is successfully growing of if changes need to be made to ensure proper growth.

In my opinion I agree with the prediction, I can see the possible impact the conflict can have on the global growth of the economy. I believe the corrected projection of less than originally thought is appropriate considering the affect the conflict has had on consumers. The reduced stimulation of the economy caused by less consumer interaction will indeed decrease the rate at which the economy will grow.

Explanation:

n/a

The expected rate of change in the nominal dollar/euro exchange rate is best described as Group of answer choices the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate plus the European expected inflation.

Answers

Answer:

the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.

Explanation:

Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

Hence, the expected rate of change in the nominal dollar/euro exchange rate is best described as the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.

SECTION A
QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments​

Answers

Answer: unions and customers

Explanation:

Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc

Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.

Many of you have probably heard of Banana Republic retail stores and perhaps have shopped there. Many of you may not know that the store used to look much different than it does today. It used to be more like an adventure, and the merchandise assortment was more appropriate for a safari. If you've ever seen an Indiana Jones movie, you can get a pretty good idea of what Banana Republic used to look like. The stores would have a jeep in the store, camouflage netting, and music from the 1940s playing. The inside had wooden beams and maps hung on the wall that looked like treasure maps. Much of the merchandise was accompanied by a sign that had a tale of some adventure associated with it. These physical features of the retail environment are referred to as the\

Answers

Answer: Store atmosphere

Explanation:

The physical features of the retail environment are referred to as the store atmosphere.

A store atmosphere are the physical characteristics of a store which is used in the creation of an image which is used to attract customers. This is used by Banana Republic retail stores to attract customers.

the roles of internal auditors

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Answer:

Objectively assess a company's IT and/or business processes.

Assess the company's risks and the efficacy of its risk management efforts.

Ensure that the organization is complying with relevant laws and statutes.

Evaluate internal control and make recommendations on how to improve.

Start-up costs do NOT include:
OA. Space for the business
OB. Equipment and supplies
OC. Refinancing
OD. Labor expenses

Answers

answer C bc process of elimination

Day 2 still: Put whatever you want you deserve a break from answering or asking questions :D

Answers

thank you very much kind person :-)

Answer

Anybody else lokey failing lol

Explanation:

) Bob is a notary public employed by a local bank. The bank purchased Bob's supplies, paid for his bond, and had Bob sign an agreement limiting the notarial services he is able to provide within the bank. Bob's neighbor and good friend, Betty, is refinancing her mortgage. She calls Bob on Friday and asks if he would be available to notarize loan documents at her home on Saturday. Bob meets Betty at her house. He notarizes nine signatures, completes nine notarial certificates, and affixes his seal and signature to each. What is the most Bob can charge Betty for this service?

Answers

Answer:

imagine working I cant relate

Explanation:

BE17-1 Each of the items below must be considered in preparing a statement of cash fl ows for Baskerville Co. For the year ended December 31, 2017. For each item, state how it should be shown in the statement of cash fl ows for 2017. (a) Issued bonds for $200,000 cash. (b) Purchased equipment for $150,000 cash. (c) Sold land costing $20,000 for $20,000 cash. (d) Declared and paid a $50,000 cash dividend

Answers

Answer:

(a) To be shown cash inflows from financing activity

(b) To be shown as cash outflows from investing activity

(c) To be shown as cash inflow from investing activity

d) To be shown as cash outflows from financing activity

Explanation:

(a) Issued bonds for $200,000 cash.

This should be shown as a cash inflow under financing activity section of the statement of cash flows for 2017.

(b) Purchased equipment for $150,000 cash.

This should be shown as a cash outflow under investing activity section of the statement of cash flows for 2017.

(c) Sold land costing $20,000 for $20,000 cash

This should be shown as a cash inflow under investing activity section of the statement of cash flows for 2017.

(d) Declared and paid a $50,000 cash dividend

This should be shown as a cash outflow under financing activity section of the statement of cash flows for 2017.

Additional Note:

Although this is not part of the requirement of the question, but it will assist you in your learning.

After taking all the above into consideration, they will appear as follows in statement of cash flows for 2017 (Note only they will appear is shown without any calculations since there will be other items).

Baskerville Co.

Statement of Cash Flows for 2017

(Abridged Vesrion)

Details                                                                 $                    $    

Cash from operating activities

Cash flows from investing activities

Purchase of equipment                                 (150,000)

Soles of land                                                     20,000

Cash flows from financing activities:

Bond issued                                                   200,000

Cash dividend paid                                        (50,000)

name four commercial services which are useful to a manufacturer​

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I don’t know but you will get it

explain demand of money​

Answers

Answer:

In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3.

Explanation:



Or open Meet and enter this code: wtb-tsif-cpq female​

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Answer:..................

For what ?_?

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