Cole Company Had the Following Accounts and Balances on December

question 90

Essay

Cole Company had the following accounts and balances on December 31,2017: $$\begin{array} { l r } \text { Income Taxes Payable } & \$ 51,250 \\\text { Cash } & 20,000 \\\text { Notes Payable, 10\%, due June 2, } 2018 & 1,000 \\\text { Accounts Receivable } & 267,500 \\\text { Equipment } & 950,000 \\\text { Accounts Payable } & 104,400 \\\text { Inventory } & 85,000 \\\text { Land } & 600,000 \\\text { Allowance for Doubtful Accounts } & 12,000 \\\text { Discount on Notes Payable } & 150 \\\text { Notes Receivable, maturity 2/1/2024 } & 5,000 \\\text { Current Maturities of Long-Term Debt } & 6,900 \\\text { Unearned Revenue } & 4,320 \\\text { Interest Payable } & 1,010 \\\text { Wages Payable } & 6,000 \\\text { Marketable Securities } & 40,000 \\\text { Capital Stock } & 900,000\end{array}$$
Required
1.Compute Cole's working capital.
2.Compute Cole's current ratio.What does this ratio indicate about Cole's condition?

Recognize the effectiveness and challenges of internal recruitment.

Analyze the decline and efficiency of different recruitment methods.

Comprehend the complexities and drawbacks associated with job advertising.

Understand the components of a job application form and their purposes.

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Definitions:

Deviance

Behaviors, actions, or beliefs that deviate from the social norms or values of the majority, which may or may not be criminal.

Durkheim

A foundational sociologist who focused on social cohesion, the role of societal institutions, and the concept of anomie, amongst other topics.

Social Attachments

Emotional bonds that form between individuals, influencing personal relationships and social development.

Legitimate Opportunities

Refers to the legal and socially accepted avenues available to individuals to achieve success, often discussed in the context of sociological theories of crime and inequality.