Gt company has $200 in cash, $500 in accounts receivable, and $700 in inventory. the company also has $200 in accounts payable and $200 in unearned sales revenue. what is the company's quick ratio?

a. 2.25

b. 3.00

c. 1.75

d. 3.50

Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Swifty incurs $7192800 in fixed costs.

If U. S. residents purchase $450 billion of foreign assets and foreigners purchase $575 billion of U. S. assets, then the U. S. has net capital outflows of - $125 billion and a trade deficit of $125 billion. a. True. b. False.

A company with a functional organization structure has more difficulty doing which of the following? Focusing on the goods, managing multiple departments, attracting skilled workers, career development

Financial information for Accessories Unlimited includes the following selected dа ta: Net income (in millions) $ 150 Shares outstanding (in millions) 300 Stock price $ 20.00 What is the company's earnings per share?

One goal of bankruptcy law is to encourage the continued use of credit. true or false

Determine the effect of the listed transactions of Nikea Inc. on the accounting equation. Nikea Inc. provided advisory services to XYZ Inc. in May 2013. Nikea billed XYZ for $10,000 in the same month (May).

During the current year, Star County levied $3,000,000 in property taxes, 1.5% of which is expected to be uncollectible. During the year, the county collected $2,700,000 and wrote off $25,000 as uncollectible.

Opportunity Market Company (OMC) and Pierce enter into a contract for Pierce to cut and trim the landscaping around OMC's building before a meeting of the company's sales staff.

Which of the following is a characteristic associated with warehouse showrooms? a. Low inventory levels. b. Limited floor area. c. Several specialized services. d. High-cost buildings. e. Vertical merchandise displays.

The main function of the Federal Reserve System is to: A. Control the money supply B. Set reserve requirements of banks C. Clear checks from member banks D. Serve as the fiscal agent for the Federal government