Using the Following Amounts Taken from the Balance Sheet and Income

question 125

Essay

Using the following amounts taken from the balance sheet and income statement of a business,compute the measures listed below.After each answer,write "L" if it is a measure of liquidity or "P" if it is a measure of profitability.Round to two decimal places.
$$\begin{array} { l r l r } \text { Current assets } & \$ 30,000 & \text { Average stockholders' equity } & \$ 60,000 \\\text { Average total assets } & 120,000 & \text { Net sales } & 64,000 \\\text { Current liabilities } & 20,000 & \text { Net income } & 3,000 \\\text { Long-term liabilities } & 40,000 & &\end{array}$$

a. Current ratio
b. Return on equity
c. Return on assets
d. Working capital

Understand various research design methods employed in studying human development.

Grasp the concept and developmental significance of object permanence and theory of mind.

Explain the factors influencing child development, including genetic and environmental contributions.

Comprehend the stages of cognitive development according to Piaget.

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Definitions:

Same-Sex Relationships

Romantic or sexual partnerships between individuals of the same sex.

Emotionally Close

Refers to relationships where individuals share a deep level of emotional intimacy and understanding.

Geographic Mobility

The ability and ease with which people can move or relocate within a geographic area, country, or between countries.

Life Expectancy

The average number of years an individual is expected to live, as determined by statistical analysis.