there's business 1 with 100 total assets, 15 current liabilities 15 notes payable. net income of 14.

Fantastic news! We've Found the answer you've been seeking!

Question:

there's business 1 with 100 total assets, 15 current liabilities 15 notes payable. net income of 14. asking price of 85 business 2 with 100 total assets, 10 current liabilities, 50 notes payable, net income 7. asking price of 70 which business should I purchase

Posted Date: May 19, 2024 10:16 AM

See More Questions

Nancy has active modified adjusted gross income before passive losses of $75,000. She has a loss of $5,000 on a rental property she actively manages. How much of the loss is she allowed to take...
The following table summarizes the results from a two-factor study with 2 levels of factor A and 3 levels of factor B using a separate sample of n = 8 participants in each treatment condition. Fill...
A fair coin is flipped 50 times. a. What is the expected number of heads? b. Find the standard deviation for the number of heads. c. How many heads should you expect, give or take how many? Give the...
Prove that if no degeneracies are encountered at any stage, then the algorithm terminates in finitely many steps with with an unboundedness message or an optimal solution.
A company like Kicker performs warranty repair work on speakers in a manufacturing cell. The typical warranty repair involves taking the defective speaker apart, testing the components, and replacing...
Recently a number of corporations are cutting or eliminating their dividends in response to the pandemic. How do you believe the market would react to such a news - would the price of the stock of...
A large medical facility is experiencing too many missed appointments in its primary and specialty care clinics. The facility has noticed that not all patients respond well to reminder calls...
Use the following income statement and information about selected current assets and current liabilities to calculate the net cash provided or used by operating activities under the indirect method....
If a company's free cash flow was negative for the past 3 years, what do you think could be the cause? How can the company survive for so long with negative cash flows?
When calculating return on net operating assets analysts sometimes make adjustments to the net operating asset base used in the denominator or the ratio. Three possible adjustments are listed below....
In light of recent accounting and financial scandals (Enron, Tyco, Adelphia Communications), can or should investors solely rely on financial statements? Can investors have confidence in analysts...
The following data pertain to the Waikiki Sands Hotel for the month of March. Flexible Budget March ( in thousands ) * Actual Results March ( in thousands ) * Banquets and Catering $ 6 7 0 $ 6 8 2...
Gagnes 9 Events of Instruction Find an online lesson or module that you have either taken, designed, or that interests you. If you can post the link to the module, do so in your post. Otherwise,...
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
The Farm Company is considering investing in solar panels to generate enough power to run its irrigation system. The local utility company has agreed to purchase any unused power generated by the...
JB Enterprises has a cost of capital of 12%. Calculate the present value of the following investment opportunities: a. An investment project promises a return of $$3,000$ at the end of year 3 and...
Mining Equipment Manufacturer is considering the purchase of a new building. The building would require an initial outlay of $$350,000.$ It would be depreciated using the straight-line method over...

there's business 1 with 100 total assets, 15 current liabilities 15 notes payable. net income of 14.

Question:

Expert Answer:

Students also viewed these accounting questions