a company has total current assets of $250,000 and accounts payable of $100,000. if their bank has imposed a covenant requiring a current ratio of 1.25 or better, what is the maximum level of notes payable allowable

Answers

Answer 1

Here the maximum level of notes payable allowable will be $100000.

Long-term obligations known as notes payable represent the sums that a firm owes its financiers, including banks and other financial institutions as well as alternative funding sources like friends and family. They are considered long-term since they are due after a year, albeit often within five years.

Calculation of Notes payable is done as follows:

Current Ratio=\(\frac{Current Asset}{Current liabilities}\)

Now let current liabilities be 'z'

Therefore:

1.25=250000/z

Thus z=200000

Current liabilities=$200000

Here Current liabilities=Account Payable + Notes payable +

200000=100000+Notes Payable

Notes Payable=200000-100000

=$100000

Therefore the maximum level of notes payable allowable is $100000.

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Related Questions

What two accounts are affected when a business buys supplies on account?

Answers

Supplies and Accounts Payable

Emergency funds are calculated based on: A.) Retirement Planning B.) Monthly Expenses C.) Monthly Income D.) Investing for College

Answers

Answer:

B

Explanation:

Answer:

B

Explanation:

a value proposition is the essence of a message and the reward to the consumer for investing his or her time attending an advertisement. True or false?

Answers

False. While a value proposition is central to a company's communication with its customers, it is not specifically about the reward a consumer gets for attending an advertisement.

A value proposition is a statement that outlines the unique value a product or service provides to its target market. It's a clear declaration that explains how a product solves customers' problems, delivers specific benefits, and tells the ideal customer why they should buy from a company and not from the competition. Essentially, a value proposition distinguishes a company or product from its competitors, explaining why it's more attractive and worth investing in. In the context of advertising, a value proposition may indeed be used to craft persuasive messages, but the value proposition itself is about much more than just the content of a single ad.

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Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are:_________

Answers

Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are perfectly competitive markets.

What is perfect competition?

In economics, more specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by a number of idealizing conditions that collectively are referred to as perfect competition, or atomistic competition. It has been shown in theoretical models with perfect competition that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price. A Pareto optimal equilibrium would be this one.

The main characteristics of perfectly competitive markets includes long-run equilibrium in such markets satisfies the requirements of both productive and allocative efficiency. These two circumstances also have significant ramifications. Priority is given to the best alternative use of resources. The second benefit is that they offer society's highest level of fulfillment.

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Eric, Teri, and Jana formed a partnership. Their cash contributions were $60,000 by Eric, $36,000 by Teri, and $24,000 by Jana. Jana will be responsible for 80% of day-to-day operations. Teri has unlimited liability, and each of the other partners is liable for 25% of the partnership debt. If the partnership agreement does not state how profits are to be shared, the Revised Uniform Partnership Act (RUPA) provides for which arrangement

Answers

Answer:

TRIGGU

TRIGGU

TRIGGU

TRIGGU

The Revised Uniform Partnership Act (RUPA) provides for the arrangement when all three = 33 1/3%.

What is profit sharing?

Profit sharing is known to be a term that connote the incentive plans that was introduced by businesses that gives direct or indirect payments to employees based on firm's profitability and others.

Note that based on the scenario given above, the Revised Uniform Partnership Act (RUPA) provides for the arrangement when all three will share 33 1/3%  profits.

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What does it mean to say that a "business" has responsibility?

Answers

Answer:

They can operate a business however they choose, but it must be fair and right to society.

Explanation:They must keep their hours everyday, fair prices, etc

_____________ is when a product is included inside a TV show or movie. A. Product placement B. A commercial C. Promotion D. Institutional advertising Please select the best answer from the choices provided A B C D

Answers

Answer: A. Product placement

For example, when a character drinks a brand of soda, then this is a product placement. Ideally it should be subtle but sometimes it's very obvious.

Personal finance questions, answers in complete sentences please. Any help is appreciated :)


1. Define FICO score here: (What does a high or low score show? What is FICO abbreviation for?)


2. Can missing a payment on credit cards, check into cash loans, or rent payments affect your Credit Score? If yes, why?


3. Will credit pulls (hard pulls) affect your credit score?


4. Borrow as little as possible and pay it in full on time wil effect your credit score in what way?


5. Will staying under 30% of your credit limit help your credit score?

Answers

1. The FICO Score is used by lenders to make fast credit risk decisions

The abbreviation means Fair Isaac Corporation.

2. Missing a payment on credit cards, check into cash loans, or rent payments affect your credit score in a negative way.

3. A hard credit inquiry could lower your credit score by as much as 10 points

4. Borrow as little as possible and pay it in full on time wil effect your credit score in a positive way.

5. Yes. Staying under 30% of your credit limit help your credit score.

What is the credit score about?

Lenders use the FICO Score to help them make accurate, dependable, and timely credit risk decisions throughout the customer lifecycle. The credit risk score ranks consumers based on their likelihood of meeting their credit obligations on time.

On-time payments are the most important factor influencing your credit score, so missing a payment can be painful. If you have otherwise perfect credit, a payment that is more than 30 days late can reduce your credit score by up to 100 points. If your score is already low, it will have less of an impact but will still cause damage.

Most experts advise keeping your total credit card utilization under 30%. Lower credit utilization rates indicate to creditors that you can use credit responsibly without overusing it, so a low credit utilization rate may be associated with higher credit scores.

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which statement best explains why there was a coin shortage during the covid-19 pandemic? explains the shortage drag appropriate answer(s) here the federal reserve refused to print more money. press space to open an increase in online shopping meant customers demanded less change. press space to open shutdowns limited access to bank lobbies. press space to open does not explain the shortage drag appropriate answer(s) here

Answers

The COVID-19 epidemic caused the U.S. Mint to restrict employee exposure by slowing coin manufacturing from March 2020 to June 2020.

The US Mint might discontinue producing coins.

According to Martin, it would be almost hard for the United States to stop producing coins. In fact, the U.S. Mint is required to do this by law. The Federal Reserve, which oversees the supply and demand of American currency, puts orders for the country's coinage.

Coin shortage: what is it?

When there is a coin shortage, there is a greater demand for coins than there is supply. There aren't enough coins for customers at establishments including restaurants, laundromats, grocery stores, gas stations, and even banks.

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the choice of when and how to soruce cpaital globally is usually aided early on by the advice of

Answers

The choice of when and how to source capital globally is usually aided early on by the advice of investment banks.

An investment bank is a financial institution that assists individuals, corporations, and governments in obtaining capital by acting as their agent in the issuance of securities.

Investment banks are financial institutions that specialize in large and complex financial transactions, such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and acquisitions, and securities trading.

Investment banks serve a variety of clients, including companies, financial institutions, governments, and high-net-worth individuals, and perform a range of services, including underwriting securities, facilitating mergers and acquisitions, market-making, trading of derivatives and commodities, and providing asset management services.

As a result, investment banks play an important role in global finance and commerce.

Therefore, the choice of when and how to source capital globally is usually aided early on by the advice of investment banks.

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The GATT Uruguay Round negotiations led to groundbreaking changes in the following areas, with the exception of which one?
O intellectual property
O dispute resolution
O trade in services
O poverty eradication in the least-developed countries
Pls help me.

Answers

Answer:

Poverty eradication in the least-developed countries

Explanation:

I just did the assignment and it graded this answer as correct. They did try to adress this issue, but they weren't successful so it didn't have any groundbreaking changes.

Answer:

Poverty eradication in the least-developed countries

Explanation:

got it right on edge 2023

What are 20 things to do at home when I have nothing to do and have done all my online school?

Answers


1. Eat a carrot
2. Vomit because carrots are disgusting
3. Play video games DUHH
4. Don’t waste your time on brainly

The salary used in the benefit formula for a defined-benefit (DB) plan could be your a. highest salary b. All of the choices are correct. c. average of the salary in three to five of your highest-salary years.
d. final salary

Answers

The salary used in the benefit formula for a defined-benefit (DB) plan could be average of the salary in three to five of your highest-salary years. Option C is correct.

This is a common method used to calculate the pension benefit in a DB plan. The average salary in the highest-salary years is used as a basis to calculate the benefit, which provides an incentive for employees to work hard and achieve high salaries in their final years of employment.

Option (a), highest salary, is not typically used because it can lead to large fluctuations in pension benefits from year to year. Option (b) is not a specific answer to the question and is therefore not correct. Therefore, option C is correct.

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What recommendations do you have to Klawz and Lizzy regarding their budget? (list \( 3-4 \) suggestions)

Answers

Track expenses, create realistic budget, cut discretionary spending, review bills and subscriptions for savings.

Track and categorize expenses: Klawz and Lizzy should start by tracking their expenses diligently and categorizing them. This will help them understand where their money is going and identify areas where they can potentially cut back. They can use Budgeting. apps or spreadsheets to make this process easier and more organized.Create a realistic budget: Based on their income and expenses, Klawz and Lizzy should create a realistic budget that aligns with their financial goals. They should prioritize essential expenses like housing, utilities, groceries, and transportation. They can allocate a certain percentage of their income towards savings and investments. It's important to be realistic and flexible with the budget, allowing for unexpected expenses or fluctuations in income.Cut back on discretionary spending: Klawz and Lizzy should closely evaluate their discretionary spending, such as eating out, entertainment, and shopping. They can consider reducing the frequency of these expenses or finding more affordable alternatives. For example, instead of eating out at restaurants frequently, they can cook at home and pack lunches. By cutting back on discretionary spending, they can free up more money to allocate towards savings or other financial priorities.Review and renegotiate bills and subscriptions: Klawz and Lizzy should review their recurring bills and subscriptions to identify any unnecessary expenses or opportunities for savings. They can consider canceling or downgrading subscriptions they no longer use or find alternatives at a lower cost. Additionally, they can contact service providers to negotiate better rates or explore options for bundling services to save money.

Remember, every individual's financial situation is unique, so it's essential for Klawz and Lizzy to tailor these recommendations to their specific circumstances and priorities.

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the risk free rate currently have a return of 2.5% and the market risk premium is 6.61%. if a firm has a beta of 1.42, what is its cost of equity?

Answers

The cost of equity can be calculated using the capital asset pricing model (CAPM) which is expressed as:

Cost of equity = Risk-free rate + Beta x Market risk premium

Given that the risk-free rate is 2.5%, the market risk premium is 6.61%, and the firm has a beta of 1.42, we can calculate the cost of equity as follows:

Cost of equity = 2.5% + 1.42 x 6.61%

Cost of equity = 2.5% + 9.38%

Cost of equity = 11.88%

Therefore, the cost of equity for the firm is 11.88%. This means that the firm's shareholders would require a return of 11.88% on their investment in the firm's stock to compensate for the risk associated with investing in the firm, given the level of systematic risk (as measured by beta) and the current market conditions.

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Sylvester Ltd reported the following information in its
statement of financial position at 30 June 2022:
Intangible assets
$450,000.00
Accumulated amortisation
-$150,000.00
Land
$450,000.00

Answers

Sylvester Ltd, in its statement of financial position at 30 June 2022, reported intangible assets worth $450,000.00 and accumulated amortisation of -$150,000.00. It also had land worth $450,000.00.Sylvester Ltd's statement of financial position presents an overview of its assets, liabilities, and equity.

The report is created to assist users in making informed decisions about the company's financial position. Sylvester Ltd reported a total of $450,000.00 worth of intangible assets, including patents, copyrights, and trademarks. They also reported accumulated amortisation of -$150,000.00.

Intangible assets, such as patents, copyrights, and trademarks, are included in intangible assets. These assets are not physical; they are intangible and provide long-term benefits to the company.

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Which demographic groups does Women in Motion serve?

Answers

Demographic groups do Women in Motion serve, Akela Peoples is an award-winning teacher and entrepreneur who has helped over 20,000 young women create career plans.

Demographic evaluation is the take a look at a populace primarily based totally on elements including age, race, and gender. Demographic information refers to statistically expressed socioeconomic records including employment, education, income, marriage rates, start rates and loss of life rates.

Examples of diagnosis. It is included. Demographic studies consist of 5 simple themes. Distribution over a geographical area. its composition (including age, gender, race, and different characteristics); modifications in populace size, distribution, and composition over time; Determinants and outcomes of populace growth.

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Which type of marketing channel arrangement is good for a firm to use in international marketing where the creation of marketing channel relationships is expensive and time consuming?.

Answers

A strategic channel alliance is a type of marketing channel arrangement is good for a firm to use in international marketing where the creation of marketing channel relationships is expensive and time consuming.

Marketing is the activity, set of establishments, and techniques for developing, communicating, handing over, and exchanging offerings that have cost for clients, customers, companions, and society at huge.

The important thing purpose of advertising and marketing is to get humans inquisitive about the products or offerings of a agency. This occurs thru marketplace evaluation, studies and thinking of the hobby of a enterprise's ideal clients and attracting them via messaging which would be educational and helpful to a enterprise's goal group.

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Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt

Answers

Answer:

the letter C

Explanation:

pa brainliest nalang po kung tama

Your personal credit reflects income versus debt. Option D is an appropriate response.

What is  personal credit?

The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.

Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.

That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.

Your personal credit reflects income versus debt.

Hence, Option D is an appropriate response.

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A company sold $100,000 of 8-year bonds at 98. Interest at 7% is payable annually. The recorded liability at the time of sale for these bonds, net of discount, is:

Answers

These bonds have a $96,000 recorded liability just at time of sale, net of discount.

Simply put, what is sales?

Sales is indeed a term that refers to the processes that result in the sale of products or services. There are various teams inside the sales organizations that companies have. Furthermore, these sales people are frequently chosen depending on the region, the commodity or service, and the intended clientele. Between both the face value and the sale price, or $100,000 - $98,000, there is a reduction of $2,000, or 10%.

Due to the 7% interest rate, the yearly interest payment is calculated as follows: $100,000 x 0.07, or $7,000.

The selling price less the discount, meaning $98,000 - $2,000 = $96,000, constitutes the liability recorded just at time of sale, free of discount.

What does marketing mean by a sale?

The foundation of every firm is sales and marketing. They are connected, and together they serve as a catalyst in generating income (profit). While sales turn views into profits by turning potential customers into real customers, marketing focuses on increasing awareness of a brand and organization.

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Directions: Classify the following appetizers either Hot or Cold appetizer.
Write your answer in your test notebook.

1. cucumber stuffed _____________________
2. fresh fruits and vegetables _____________________
3. hard cooked eggs/stuffed eggs _____________________
4. pickled items _____________________
5. fries _____________________
6. salmon and cucumber bites _____________________
7. chips and dips _____________________
8. seafoods appetizer _____________________
9. pizza rolls _____________________
10. raw vegetables with dip _____________________

Answers

1. Cold 2. Cold 3. Hot 4. Cold 5. Hot 6. Cold 7. Cold 8. Hot 9. Hot 10. Cold

Question 10 (5 points)

Two prescreening tools for job candidates are the resume and the


employment essay.

advertisement.

application.

letter of recommendation.

Answers

The correct answer is C. Application

Explanation:

When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.

In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.

Answer: Application

Explanation: I just took the test

Hope this helps.

PLZ ANSWER ASAP WILL GIVE BRAINLIEST

Which area of intellectual property law did this case address?

copyright
trademark
trade secrets
right of publicity

A&M Records Inc. v. Napster Inc.
During the early 2000s, music fans freely shared their favorite songs online. Every day, they went to Napster and other peer-to-peer music sharing services to exchange thousands and thousands of MP3 files. They had access to almost every type of music and artist. There was just one problem. No one was paying for anything. Musicians, songwriters, producers, and record companies were losing millions of dollars.

So A&M Records and other companies affiliated with the Recording Industry Association of America filed a lawsuit against Napster and its creator Shawn Fanning. (Fanning was a college student at Northeastern University when he began the file-sharing service in 1999.) The suit accused Napster of contributory and vicarious copyright infringement. The case landed in the United States Court of Appeals for the Ninth Circuit. There, Napster was found guilty on both counts, and the site was forced to shut down in 2002. Several years later, a similar file-sharing service known as Grokster also had to cease operations when the Supreme Court ruled against it in MGM v. Grokster.

Answers

Answer:

Copyright it says so in the second paragraph

Answer:

copyright

Explanation:

edge 2020

If your marketing budget is $5,000 and you have spent 27% of it, what is the amount you have left to spend?

Answers

Answer:

3650

Explanation:

3650  is the amount you have left to spend from the budget of $5,000.

What is a budget?

A budget is an estimate of income and expenses for a given future period of time that is often created and reviewed on a regular basis. Any organization that wishes to waste cash, including corporations and organizations, as well as individuals and households of any economic level, can create a budget.

The total budget that was assigned for marketing  was $5000

The amount that was spent from the budget was 27%

The amount that was left from the budget = 100 - 27

= 73%

The money that was left of the marketing budget will be

= 5000 * 73%

= 5000 * 73/100

=5000 * 0.73

= $3650

The amount that was left was $3650 which can be spent more, depending on the allocation of the resources. This is 73% of the total amount that was assigned.

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1. You are the vice-president of a large corporation involved in the manufacture of garden hoses. You are currently looking for an administrative assistant, and you have a strong belief in using the zodiac to predict success on this job. In fact, your experience has been that only Leos and Scorpios can be effective administrative assistants. Therefore, your selection system consists of one question: "What’s your sign?" Legal ______ Illegal ______

Answers

"What’s your sign?" Legal ______ Illegal ______

Using the zodiac signs as the sole criteria for selecting an administrative assistant is illegal and discriminatory.

It violates the principles of equal opportunity and fair hiring practices. Employment decisions should be based on relevant qualifications, skills, experience, and abilities that are directly related to the job requirements.

Relying on astrology or any other personal characteristic unrelated to job performance is not a valid or reliable method of assessing an individual's abilities or potential for success in a particular role. It disregards the principles of meritocracy and can result in overlooking highly qualified candidates who do not fall under the preferred zodiac signs.

To ensure fairness and legality in the hiring process, it is important to establish selection criteria that are job-related and nondiscriminatory. This includes considering factors such as education, work experience, skills, and relevant competencies that are directly tied to the administrative assistant role.

By adopting a fair and inclusive approach to hiring, companies can attract a diverse pool of talent and make decisions based on merit, leading to a more effective and successful workforce.

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A Day in the Life of the Working Poor

Answers

A Day in the Life of the Working Poor by Heidi Lario. It was the said that working people are the lower in the income and low familial household income.

What is Working Poor?

The term working the poor means to the lower in the income, basic necessity was not to fulfill and the as the below the poverty line. It was the low levels of pay. An involved on the lower social class.

The working poor is the working people whose financial gain fall downstairs a given poverty line. It was the basis on the mental health concerns, labour market, job stress, and the other issues was the faces.

As a result, the conclusion of the Day in the Life of the Working Poor are the aforementioned.

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Your question is incomplete, but most probably the full question was.

A Day in the Life of the Working Poor by Heidi Lario. What is the moral of the story as relate to the current conditions?


Why did FedEx decide to make: 1. Memphis their central US
location?

Answers

FedEx decided to establish Memphis as their central US location due to several strategic factors. Firstly, Memphis is geographically situated in the heart of the United States, providing convenient access to major cities and markets across the country. This central location allows for efficient transportation and distribution of packages, reducing transit times and ensuring prompt deliveries.

Additionally, Memphis is home to the Memphis International Airport, which houses FedEx's global SuperHub. The SuperHub serves as the central sorting and distribution facility for FedEx, enabling the company to streamline operations, consolidate shipments, and optimize their air cargo network. This hub-and-spoke model allows for efficient routing of packages, minimizing transit distances and enhancing overall delivery speed.

Moreover, Memphis offers favorable business conditions, including a business-friendly environment, transportation infrastructure, and a skilled workforce. The city has a rich history in logistics and transportation, making it an ideal base for FedEx's operations.

By establishing Memphis as their central US location, FedEx can effectively manage their nationwide operations, leverage the city's logistical advantages, and maintain their commitment to providing reliable and timely delivery services to customers across the United States.

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The Whalers are interested in trading their star left tackle. He is a veteran and makes $1.6 million per year. They are considering signing a player from another team who makes $1 million per year. How much money would they save by trading their current left tackle and signing the player from the other team for three years?

Answers

Answer:

$1,800,000

Explanation:

The veteran player makes $1.6 million per year.

The new prayer will be paid $1 million per year.

the Savings per year will be

= $1, 600,000 - 1,000,000

= $ 600,000

The savings in three years will be

=$600,000 x 3

=$1,800,000

How does tax help to stablise the prices of the product​

Answers

Tax helps in stablising the price of product ; because tax is added to the price of product as value added that's why increase in tax system also increases in price of product; also businessmen needs to pay tax from their profit.

Kashvi is an Indian national working in the United Kingdom for a German multinational company. Kashvi is a typical example of:

Answers

Kashvi is an example of a global citizen, a term used to describe individuals who identify as part of a broader, interconnected world rather than identifying solely with their country of origin or residence.

As a national of India, working in the United Kingdom, for a German multinational company, Kashvi embodies the spirit of global citizenship.

Global citizenship is an increasingly important concept in our interconnected world, where individuals, communities, and countries are increasingly dependent on one another. Global citizens recognize the interconnectedness of the world and are committed to understanding and addressing the complex global challenges that we face today, such as climate change, poverty, and inequality.

Being a global citizen requires individuals to have an open mind and a willingness to learn about and engage with different cultures, languages, and perspectives. It also means being committed to promoting peace, justice, and sustainable development both locally and c.

In Kashvi's case, her international work experience has likely exposed her to diverse perspectives, cultures, and ways of doing business, making her a valuable asset to her employer and a great example of a global citizen.

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