As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,000
Accounts Receivable 15,000
Inventory 40,000
Prepaid Insurance 3000
Long-term Assets 100,000
Accounts Payable 15,000
Notes Payable in 5 Months 12,500
Salary Payable 25,000
Notes Payable in 5 Years
35,000
Owner’s Equity 98,000
1. What is the company's Quick Ratio?

Question 1 options:

1.70

0.70

0.38

1.25

Question 2 (10 points)
As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3.

Cash $5,000
Accounts Receivable 15,000
Inventory 40,000
Prepaid Insurance 3000
Fixed Assets 100,000
Accounts Payable 15,000
Notes Payable in 5 Months 12,500
Salary Payable 25,000
Notes Payable in 5 years
35,000
Owner’s Equity 98,000
2. What is the company's Working Capital?

Question 2 options:

12,500

10,500

15,000

15,500

Question 3 (10 points)
As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3.

Cash $5,000
Accounts Receivable 15,000
Inventory 40,000
Prepaid Insurance 3000
Fixed Assets 100,000
Accounts Payable 15,000
Notes Payable in 5 Months 12,500
Salary Payable 25,000
Notes Payable in 5 years
35,000
Owner’s Equity 98,000
2. What is the company's Current Ratio?

Question 3 options:

2.5

1.75

2.1

1.2

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?

According to the u.s. census bureau (), the median household income in the united states was $23,618 in 1985, $34,076 in 1995, $46,326 in 2005, and $57,230 in 2015. in purchasing power terms, how did family income compare in each of those four years? you will need to know that the cpi (multiplied by 100, 1982–1984 = 100) was 107.6 in 1985, 152.4 in 1995, 195.3 in 2005, and 237.0 in 2015

Serious question, which is preferred in a business? pp or poopoo?