Tri fecta, a partnership, had revenues of $374,000 in its first year of operations. the partnership has not collected on $45,700 of its sales and still owes $39,900 on $180,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $25,700 in salaries. the partners invested $49,000 in the business and $21,000 was borrowed on a five-year note. the partnership paid $2,100 in interest that was the amount owed for the year and paid $9,400 for a two-year insurance policy on the first day of business. ignore income taxes. compute the cash balance at the end of the first year for tri fecta.

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect

What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories