Posted by **ann** on Sunday, April 18, 2010 at 6:35pm.

A firm has a current assets of $800,000, current liabilities of $600,000. The firm uses $200,000 of its cash balance to pay off a current liabilities. Calculate the current ratio before and after this transaction.

- financing -
**Anonymous**, Sunday, January 18, 2015 at 1:46pm
A firm currently uses 50,000 workers to produce 120,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $48. The cost of other variable inputs is $400,000 per day.

Assume that total fixed cost equals $900,000. Calculate the values for the following four formulas:

•Total Variable Cost = (Number of Workers x Worker's Daily Wage) + Other Variable Costs

•Average Variable Cost = Total Variable Cost / Units of Output per Day

•Average Total Cost = (Total Variable Cost + Total Fixed Cost) / Units of Output per Day

•Worker Productivity = Units of Output per Day / Number of Workers

## Answer This Question

## Related Questions

- finance - A firm has $600,000 in current assets and $150,000 in current ...
- finance 200 - · Complete using the financial statement below to calculate the 13...
- Finance 200 - How do I set this up? How do I do this? I'm not undestanding what ...
- fiance 200 - How do I set this up? What do I do? I'm really confused on what to ...
- business 101 - If a firm has a current ratio of 2.00it means that for every $2 ...
- Finance - Trying to figure out how to do problems like these. So confused! 1. ...
- Math - Lear, Inc., has $800,000 in current assets, $350,000 of which are ...
- Finance - Lear, Inc. has $800,000 is current assets, $300,000 of which are ...
- accounting - Can someone please tell me how to set these problems up? I am ...
- finance 200 - 14. Lear, Inc., has $800,000 in current assets, $350,000 of which ...

More Related Questions