Business, 18.02.2021 22:20, averycipher

On January 1, 20X1, Hawkeye Inc. paid a supplier $3,000 for a previous purchase and delivery of inventory. The inventory had not been paid for, and the payment on January 1 reduced the amount Hawkeye Corp. owed to the supplier (accounts payable) by the payment amount. Would this transaction increase, decrease, or have no effect on the current ratio of Hawkeye Inc., which was equal to 1.25 before the transaction (2 points)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:30, esquiveljadyn8054

Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout

Answers: 1

continue

Business, 22.06.2019 08:30, Maelynne8515

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (

Answers: 3

continue

Business, 22.06.2019 10:10, AdamFrost

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Answers: 3

continue

Business, 22.06.2019 14:00, ujusdied5176

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.

Answers: 1

continue

Do you know the correct answer?

On January 1, 20X1, Hawkeye Inc. paid a supplier $3,000 for a previous purchase and delivery of inve...