Harding Company Accounts payable $40,000 Accounts receiv…

Harding Company Accounts payable $40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 What is the quick ratio, rounded to one decimal point?

Given the following cost and activity observations for Smith…

Given the following cost and activity observations for Smithson Company’s utilities, use the high-low method to determine Smithson’s fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. Cost Machine Hours January $26,800 10,300       February 36,700 17,800       March 28,900 11,700       April 31,100 15,100     

Privett Company Accounts payable $34,356 Accounts receiv…

Privett Company Accounts payable $34,356 Accounts receivable 65,205 Accrued liabilities 6,085 Cash 17,825 Intangible assets 44,653 Inventory 81,014 Long-term investments 90,618 Long-term liabilities 75,130 Marketable securities 32,175 Notes payable (short-term) 29,134 Property, plant, and equipment 636,438 Prepaid expenses 1,556 Based on the data for Privett Company, what is the amount of quick assets?

Darwin Company reports the following information: Sales $…

Darwin Company reports the following information: Sales $76,500 Direct materials used 7,300 Depreciation on factory equipment 4,700 Indirect labor 5,900 Direct labor 10,500 Factory rent 4,200 Sales salaries expense 15,600 Office salaries expense 8,900 Indirect materials 1,200 Period costs are

Given the following cost and activity observations for Smith…

Given the following cost and activity observations for Smithson Company’s utilities, use the high-low method to determine Smithson’s fixed costs per month. Do not round your intermediate calculations. Cost Machine Hours January $52,200 20,000       February 75,000 29,000       March 57,000 22,000       April 64,000 24,500