Current Ratio and Working Capital
the Balance Sheet of Red

question 49

Essay

Current ratio and working capital
The balance sheet of Red Missile Company contained the following items, among others:
$$\begin{array} { | l | r | } \hline \text { Cash } & \$ 18000 \\\hline \text { Accourts Receivable } & \$ 84,000 \\\hline \text { Irventory } & \$ 124,000 \\\hline \text { Store Equiprnent (net) } & \$ 236,000 \\\hline \text { Other Assets } & \$ 67,500 \\\hline \text { Mortgage Payable (due in 3 years) } & \$ 169,000 \\\hline \text { Note Payable (due in 10 days) } & \$ 163,000 \\\hline \text { Accourts Payable } & \$ 96,000 \\\hline \text { Share Capital } & \$ 67,500 \\\hline \text { Retained Earnings } & \$ 197,000\\\hline\end{array}$$ (a) From the above information compute:
(1) Current assets: $_______
(2) Current liabilities: $______
(3) The current ratio: ______ to 1
(4) Working capital: $______
(b) Assume that Red Missile Company pays the note payable of $163,000, thus reducing cash to $17,000. Compute the following after the completion of this transaction:
(1) The current ratio: ______ to 1
(2) Working capital: $______

Define what a Subject Matter Expert (SME) is and their role in usability testing.

Recognize various categories of usability problems.

Understand the concept and importance of prototypes in usability testing.

Distinguish between various types of usability evaluation methods and data.

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Definitions:

Showing Appreciation

The act of expressing gratitude or recognition for someone's effort, work, or qualities.

Effective Performance

Achieving intended results with a high level of efficiency and quality in any given task or objective.

Significant Achievements

are notable or important successes or accomplishments.

Change-Oriented Behavior

Actions undertaken by individuals or groups aimed at altering the status quo in an organization or system to improve performance.