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Home Q & A Board Other Fields Homework Help Business
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rickysizzle rickysizzle
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6 years ago
Burke's Office Supply has cash assets of 82,000 and accounts receivable of 94,000. Their accounts payable total 55,000. What is the acid test ratio?

Q. 2

Mantilli Manufacturing has current assets worth 12.5 million and current liabilities worth 5 million. What is the current ratio?

Q. 3

Mrs. Hersh owns a bakery. The gross sales for the year were 162,000. There was 670 in returned merchandise and 4,860 in sales discounts. What are the net sales for the bakery?

Q. 4

A local tire store has beginning merchandise inventory of 37,400 and ending inventory of 26,300. The store purchased 8,500 of additional merchandise for sale during the quarter, returned 720 worth of merchandise damaged during shipment, and received 600 in purchase discounts. What is the cost of goods sold for the tire store?
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z0401210z0401210
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#1
Posts: 191
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6 years ago
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rickysizzle Author
wrote...
#2
6 years ago
I hope they're paying you for this because all of them were correct Grinning Face with Smiling Eyes
wrote...
#3
6 years ago
not really, just a volunteer... and you're welcome Wink Face
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