Examlex

Solved

Use the Following Data to Calculate the Current Ratio A)213 : 1
B)1

question 98

Multiple Choice

Use the following data to calculate the current ratio.  Koonce Office Supplies Balance Sheet  December 31,2022 Cash $195,000 Accounts receivable 150,000 Inventory 165,000 Prepaid insurance 90,000 Stock investments 255,000 Land 270,000 Buildings$315,000Less: Accumulated  depreciation (60,000) 255,000 Trademarks 210,000 Total assets $1590,000 Accounts payable $210,000 Salaries and wages payable 30,000 Mortgage payable 240,000 Total liabilities 480,000 Common stock 360,000 Retained earnings 750,000 Total stockholders’ equity 1,110,000 Total liabilities and  stockholders’ equity $1590,000\begin{array} { l } \text { Koonce Office Supplies}\\ \text { Balance Sheet }\\ \text { December 31,2022}\\\begin{array}{lr}\text { Cash } & \$ 195,000 \\\text { Accounts receivable } & 150,000 \\\text { Inventory } & 165,000 \\\text { Prepaid insurance } & 90,000 \\\text { Stock investments } & 255,000 \\\text { Land } & 270,000\\ \text { Buildings}&\$315,000\\ \text {Less: Accumulated }\\\text { depreciation } (60,000) & 255,000 \\\text { Trademarks } & 210,000 \\\text { Total assets } & \$ 1590,000\\\end{array}&\begin{array}{lr}\text { Accounts payable } & \$ 210,000 \\\text { Salaries and wages payable } & 30,000 \\\text { Mortgage payable } & 240,000 \\\quad \text { Total liabilities } & 480,000\\\\\\\text { Common stock } & 360,000 \\\text { Retained earnings } &{750,000} \\\text { Total stockholders' equity } & 1,110,000 \\\text { Total liabilities and } & \\\text { stockholders' equity } & \$ 1590,000\\\end{array}\end{array}

Appreciate the complexity of neural pathways and their implications for motor skills, sensory processing, and disease.
Understand the physiological effects of neurotransmitters on the body.
Identify the functions of different brain areas and their impact on bodily processes.
Understand the basic structure and functions of the human urinary system.

Definitions:

Conflict Episodes

Conflict episodes are discrete instances of conflict, involving specific events or interactions that contribute to the broader context of a conflict situation.

Aggressive Tactics

Forceful strategies aimed at dominating or winning over an opposition, often without regard for relationship preservation.

Job Interview

A job interview is a formal conversation between a job applicant and a representative of a company or organization aimed at evaluating the applicant’s suitability for a position.

Demarcate

To set the boundaries or limits of; to distinguish or differentiate.

Related Questions