Lisa agrees to sell Deb an electronic entertainment center worth $1,000 for $700 in order to have a rapid sale. Later Lisa insists that she may rescind this agreement since the agreed price was 30% below fair market value. Lisa may ____.
List all the cases referred to in the book Eligible for Execution: The Story of the Daryl Atkins Case and provide a brief, easy to understand explanation of how each case is related to the Atkins Case.
Liquidity, Solvency and Profitability Ratios
Liquidity, Solvency and Profitability Ratios
a) For each company, compute the following ratios
1. Current Ratio
All computations are in the excel sheets
ALMARAEI
= 18424/11327
=1.6266
ALSAFI, Inc.
=48331/55561
= 0.8699
2. Assets Receivable Turnover (ART)
ALMARAEI
Average Net Accounts Receivable =$7525
Net sales =$65357
ART= Net sales/Average Net Accounts Receivable
=65357/7525
=8.69
ALSAFI, Inc.
Average Net Accounts Receivable =$ 4025
Net sales =$408214
ART= Net sales/ Average Net Accounts Receivable
=408214/4025
=101.42
3. Average collection period (in days)
Average collection period (in days) = average accounts receivable/ total net sales
ALMARAEI
Average collection period (in days)
= 7525/ 65357 x 365
=42.03 days
ALSAFI, Inc.
=4025/408214 x 365
= 3.60 days
4. Inventory turnover
Inventory turnover ratio= cost of goods sold/Average inventory
ALMARAEI
= 65357/ 6942
= 6.5663
ALSAFI, Inc.
= 304657/ 33836
= 9.0039
5. Days in inventory
Days in inventory=Inventory / COGS x 365
ALMARAEI
= 6942/45583
List all potential logs files in some handheld OS (WinCE, Palm, or any other handheld device OS) that may be used for forensic purposes. Also discuss how can you analyze them and what purpose you could use these log files for?
AnswerLog files are related to the listing of actions that have been performed already. For instance,Web servers also maintain log files listing for every request made to the server. But, in case…
Liquidation
Southwestern Wear Inc. has the following balance sheet:
Current assets $1,875,000 Accounts payable $375,000
Fixed assets 1,875,000 Notes payable 750,000
Subordinated debentures 750,000
Total debt $1,875,000
Common equity 1,875,000
Total assets
List all information for each order item. Include an item total, which can be calculated by multiplying the Quantity and Paid each columns. Use a column alias for the calculated value to show the heading “Item Total” in the output
Liquidating Partnerships
Prior to liquidating their partnership, Fowler and Dunn had capital accounts of $48,000 and $81,000, respectively. Prior to liquidation, the partnership had no cash assets other than what was realized from the sale of assets. These partnership assets were sold for $114,000. The partnership had $5,000 of liabilities. Fowler and Dunn share income and losses equally.
Determine the amount received by Dunn as a final distribution from liquidation of the partnership.
Support your position using appropriate sources that are properly cited.
List a few different genres in which you write (such as academic papers, text for social networks, business documents, diary entries, or poetry), select one, describe the specific kind of document you typically produce, and then discuss your process for creating that document (100 words. thanks
A By utilizing The Password Authentication Protocol (PAP) to guarantee that machine has a secret wordwhich must be entered in before it is gotten to. By utilizing The Shiva PAP (SPAP) to encode…
Hi there! Click one of our representatives below and we will get back to you as soon as possible.