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

The ___ states that more of an item will be purchased at a lower price than at a higher price.

Issuance of Materials On May 7, Bergan Company purchased on account 10,000 units of raw materials at $8 per unit.

Your firm is a U. K.-based importer of bicycles. You have placed an order with an italian firm for €1,000,000 worth of bicycles. Payment (in euro) is due in 12 months. 1.

Advertising objectives should Group of answer choices be specific, but not as specific as the objectives for the personal selling effort. be set by the specialists-the creative people at the advertising agency.

Of the five primary accounting concepts, which one assumes an indefinite future?

In year 1 the CPI is 140, and in year 2 the CPI is 154. From year 1 to year 2, Maria's salary rises from $43,000 to $48,000, and Daisy's salary rises from $65,000 to $70,000. Who is "more than keeping up with inflation"?

Under a perpetual inventory system: a) purchases on account are debited to Purchases. b) purchase returns are debited to Purchase Returns and Allowances. c) freight costs are debited to Freight-Out. d) purchases on account are debited to Inventory.

Prepare various types of budgets

On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock.

What is the lowest level of the permanent party organization in texas?