shyannflores22 shyannflores22

17-06-2024
Business

Answered

What two accounts are needed to calculate a firm's current ratio?

A. accounts receivable and accounts payable
B. cash and inventory
C. current assets and current liabilities
D. owners' equity and revenue

Answer :

GinnyAnswer GinnyAnswer

17-06-2024

Final answer:

The current ratio of a firm is calculated using current assets and current liabilities.

Explanation:

Current assets and current liabilities are the two accounts needed to calculate a firm's current ratio. Current assets include cash, investments, accounts receivable, and prepaid expenses, while current liabilities encompass accounts payable, accrued expenses, and notes payable.

Learn more about Current Ratio Calculation here:

https://brainly.com/question/32497211

Answer Link

Other Questions

Which expression is equivalent to log Subscript c Baseline StartFraction x squared minus 1 Over 5 x EndFraction? log Subscript c Baseline x squared minus log Su

ama deposited 350 cedis in her account in a bank .a simple interest of 4percent annual was paid on her deposit . calculate the total amount of the end of the 4

Solve the value of r

What is log Subscript 15 Baseline 2 cubed rewritten using the power property? log Subscript 15 Baseline 5 log Subscript 15 Baseline 6 2 log Subscript 15 Baselin

Graph the following function. Then use geometry (not Riemann sums) to find the area and net area of the region described.The region is between the graph of [tex

Utilizar la sustitución para resolver el sistema.[tex]\[ \begin{aligned} -5x + 3y & = -25 \\ y & = 2x - 9 \end{aligned} \][/tex][tex]\[ x = \ \boxed{\

Suppose that [tex]$R(x)$[/tex] is a polynomial of degree 7 whose coefficients are real numbers. Also, suppose that [tex]$R(x)$[/tex] has the following zeros:[te

What is Socrates' criticism of Euthyphro's first definition of "piety" ("holiness")?A. Socrates believes that Zeus, Chronos, and the other gods are myths.B. He

i need help! can you please tell me the answer to this question i have been needing help for a long time!

2.1.5 Quiz: The Age of EnlightenmentQuestion 4 of 10According to Thomas Hobbes, what motivates individuals to enter into a social contract?A. They want to escap

Why did the Egyptians call their king pharaoh? A. The Egyptians borrowed the title from the Sumerians. B. The king wore the Double Crown of Egypt, and the word

In cells that virtually never divide, in which phase are they apparently locked?

what determines the length of a year on a planet@

Find all the powers of 4 in the range 4 through 1,000

Rachel bought 2 pounds of apples and 3 pounds of peaches for a total of $20.45. The apples and peaches cost the same amount per pound. What was the unit rate?

Which sentence contains an infinitive or infinitive phrase? A. Yes, I will bring the sunscreen to the pool. B. To my friends from camp, I wish all the best. C.

Which type of faulty logic does this sentence contain? If the workers' demands are not met by the deadline, the town will suffer a crippling economic downfall a

Math problem. The price of a community pool membership has a one time sign up fee and monthly fee. The price can be modeled by the function y=20x+50, where x

Which layer of the earth can only be studied by indirect means

what important information is revealed in the third paragraph of the stage direction? "The crucible" by Arthur Miller