Calculate the current ratio

Assignment Help Accounting Basics
Reference no: EM133162755

Question - Based on the following data, calculate the current ratio and select the correct answer. Data: liabilities = $10,000; liquid assets = $3,000; monthly credit payments = $300; monthly savings = $200; net worth = $50,000; current liabilities = $600; take-home pay = $1,100; and gross income = $1,900.

Reference no: EM133162755

Questions Cloud

What sales revenues is the company forecasting : The company has 8.4% of all new-phone sales in the United States and 6.2% of all replacement-phone sales. What sales revenues is the company forecasting
Top ten hr trends for the 2022 workplace : Please state the impact of the Top Ten HR Trends For The 2022 Workplace on human capital with explanations as to how any negative impacts could be changed to po
Evaluating the global marketplace in the future : What are the considerations that you need to be aware of to remain competitive? How do you plan on evaluating the global marketplace in the future?
Defined contribution pension plan : "Assume that you are an employee, age 30, and you are given your choice of participating either in the Defined Benefit Pension plan (DBPP) or the Defined Contri
Calculate the current ratio : Based on the following data, calculate the current ratio and select the correct answer. Data: liabilities = $10,000; liquid assets = $3,000;
Describe product or service and its associated risk : Describe the product or service and its associated risk. Describe how the risk affects your decision-making.
Key players in setting executive compensation : Who are the key players in setting executive compensation? Detail their different roles.
Supplemental needs trust : (LLL) is invested in learning more about providing a supplemental needs trust to people with disabilities. We are hoping to understand the market, the potential
What the dollar amount by which its share price will change : The required return on its shares has been 10%. What the dollar amount by which its share price will change if the required return on its shares falls to 8%

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd