Gnas Corporation's total current assets are $213,000, its noncurrent assets are $593,000, its total current liabilities are $162,000, its long-term liabilities are $492,000, and its stockholders' equity is $152,000. The current ratio is closest to:

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%

Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by bridgeport corporation. 1. bridgeport developed a new manufacturing process, incurring research and development costs of $195,600. the company also purchased a patent for $45,200. in early january, bridgeport capitalized $240,800 as the cost of the patents. patent amortization expense of $12,040 was recorded based on a 20-year useful life. 2. on july 1, 2017, bridgeport purchased a small company and as a result recorded goodwill of $52,000. bridgeport recorded a half-year’s amortization in 2017, based on a 20-year life ($1,300 amortization). the goodwill has an indefinite life. prepare all journal entries necessary to correct any errors made during 2017. assume the books have not yet been closed for 2017.

Just like a lot of other americans, john wayne died of cancer. but is there more to this story? in 1955, wayne was in utah shooting a film. across the state line, in nevada, the united states military was testing atomic bombs. radioactive fallout from those tests drifted across the filming location. a total of 46 of the 220 people working on the film eventually died of cancer. cancer experts estimate that one would expect only about 30 cancer deaths in a group this size. is the death rate among the movie crew unusually high? does this prove that exposure to radiation increases the risk of cancer?