Working Capital and Short‑Term Liquidity Ratios Ritter Company has a current ratio of 3.00 on December 31. On that date the company’s current assets are as follows: Cash $32,000 Short-term investments 49,300 Accounts receivable (net) 170,000 Inventory 200,000 Prepaid expenses 11,600 Current assets $462,900 Ritter Company’s current liabilities at the beginning of the year were $150,000 and during the year its operating activities provided a cash flow of $60,000. a. What are the firm’s current liabilities on December 31? $Answer 154,300 b. What is the firm’s working capital on December 31? $Answer 308,600 c. What is the quick ratio on December 31? Round answer to 2 decimal places. Answer 1.63 d. What is the Ritter’s operating-cash-flow-to-current-liab ilities ratio? Round answer to 2 decimal places.

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25