subject
Business, 21.12.2020 17:50 makaylahunt

Data from Fontecchio Corporation's most recent balance sheet appear below: Cash $ 37,000
Marketable securities $ 39,000
Accounts receivable $ 97,600
Inventory $ 77,000
Prepaid expenses $ 32,000
Current liabilities $ 248,000
The corporation's acid-test ratio is closest to:
a. 0.56
b. 0.37
c. 0.19
d. 0.35

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:30
Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.
Answers: 2
question
Business, 22.06.2019 10:30
When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?
Answers: 2
question
Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
question
Business, 22.06.2019 16:10
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
You know the right answer?
Data from Fontecchio Corporation's most recent balance sheet appear below: Cash $ 37,000
Mar...
Questions
question
History, 30.01.2021 01:30
question
Biology, 30.01.2021 01:30
question
Mathematics, 30.01.2021 01:30
question
Mathematics, 30.01.2021 01:30
question
Mathematics, 30.01.2021 01:30
question
English, 30.01.2021 01:30