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.

Double corporation acquired all of the common stock of simple company for

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

Which of the following has the largest impact on opportunity cost