Sprague Company has been operating for several years, and on December 31, 2017, presented the following balance sheet. GROUPER COMPANY BALANCE SHEET DECEMBER 31, 2017 Cash $25,300 Accounts payable $62,000 Receivables 115,000 Long-term notes payable 191,000 Inventory 70,000 Common stock (no par) 100,000 Plant assets (net) 358,000 Retained earnings 215,300 $568,300 $568,300 The net income for 2017 was $43,000. Assume that total assets are the same in 2016 and 2017. Compute each of the following ratios. (Round answers to 2 decimal places, e. g. 1.59 or 45.87%.) a. Current ratio enter current ratio
b. Acid-test ratio enter Acid-test ratio
c. Debt to assets ratio enter percentages
d. Return on assets enter percentages

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

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 : (

Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900