subject
Business, 18.09.2019 23:30 darkremnant14

Bso, inc, has current assets of $1,000,000 and current liabilities of $500,000, resulting in a current ratio of 2.0.calculate the current ratio and determine whether it will increase, decrease, or remain the same. a. purchased $20,000 of supplies on credit. b. paid accounts payable in the amount of $50,000.c. recorded $100,000 of cash contributed by a stockholder. d. borrowed $250,000 from a local bank, to be repaid in 90 days.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:30
Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy
Answers: 3
question
Business, 22.06.2019 07:30
1  2  3  4  5  6  7  8  9  10time remaining59: 30in  the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
question
Business, 22.06.2019 07:50
In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?
Answers: 2
question
Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
Answers: 1
You know the right answer?
Bso, inc, has current assets of $1,000,000 and current liabilities of $500,000, resulting in a curre...
Questions
question
Physics, 08.04.2020 05:30
question
Mathematics, 08.04.2020 05:31
Questions on the website: 13722361