Cash $2,000 $110 $1,000short-term investments 50 0 580current receivables 350 470 700inventory 2,600 2,420 4,230prepaid expenses 200 500 900total current assets $5,200 $3,500 $7,410current liabilities $2,000 $1,000 $3,800 compute the current ratio and acid-test ratio for each of the following separate cases.

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

You have just made your first $5,500 contribution to your retirement account. assume you earn a return of 10 percent per year and make no additional contributions. a. what will your account be worth when you retire in 45 years? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. what if you wait 10 years before contributing?

If a business is in need of working capital, one option is to use a(n) that will buy the company's account receivables and then handle their collection for a fee.