Business, 28.01.2020 21:41, 20LindleyN
The nelson company has $1,455,000 in current assets and $485,000 in current liabilities. its initial inventory level is $310,000, and it will raise funds as additional notes payable and use them to increase inventory. how much can nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.0? do not round intermediate calculations. round your answer to the nearest dollar. $ what will be the firm's quick ratio after nelson has raised the maximum amount of short-term funds? do not round intermediate calculations. round your answer to two decimal places.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 22:10, jdiel14
Fess receives wages totaling $74,500 and has net earnings from self-employment amounting to $71,300. in determining her taxable self-employment income for the oasdi tax, how much of her net self-employment earnings must fess count? a. $74,500 b. $71,300 c. $53,900 d. $127,200 e. none of the above.
Answers: 3
Business, 22.06.2019 10:30, jlankford148
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
Business, 22.06.2019 19:40, Animallover100
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
Do you know the correct answer?
The nelson company has $1,455,000 in current assets and $485,000 in current liabilities. its initial...
Questions in other subjects:
Mathematics, 05.04.2021 19:50
Arts, 05.04.2021 19:50
World Languages, 05.04.2021 19:50
English, 05.04.2021 19:50
Social Studies, 05.04.2021 19:50
