The following information pertains to Raleigh Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities $
60,000 Long-term liabilities 95,000 Stockholders' equity-common 155,000 Total Liabilities and stockholders' equity $310,000 Income Statement Sales $ 90,000 Cost of goods sold 45,000 Gross margin 45,000 Operating expenses 20,000 Net income $ 25,000 Number of shares of common stock 6,000 Market price of common stock $20 What is the current ratio for this company?
A) 1.42
B) 0.78
C) 1.58
D) 0.67
C
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As a human resource manager, Chloe seeks to make human resource technology a part of daily operations at Acme Global. She points out how it can be used in all areas of human resources. Chloe is helping Acme Global become agile by ______.
A. creating a digital culture B. developing the ability to thrive on change C. exploring the value of “on-demand” workers D. reviewing legacy processes
1. $7,000 of merchandise inventory was ordered on September 2, 2009 2. $3,000 of this merchandise was received on September 5, 2009 3. On September 6, 2009, an invoice dated September 4, 2009, with terms of 3/10, net 30 for $3,250 which included a $250 prepaid freight cost, was received. 4. On September 10, 2009, $800 of the merchandise was returned to the seller. Based on the above information,
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Many organizations are nowadays installing boardrooms that also function as conference rooms
Indicate whether the statement is true or false.
Use an emotional appeal when the A) product is expensive; long-lasting; or important to health, security, and financial success
B) product is inexpensive, short-lived, or nonessential. C) reader is comparing similar products from other companies. D) reader has a college education.