User Account

All Pages

Compute the current ratio and working capital

Assignment Help Accounting Basics
Reference no: EM133170011

Question - Based on the following information, compute the (1) current ratio and (2) working capital.

Current assets $165,120

Total assets 774,000

Current liabilities 68,800

Total liabilities 430,000

Reference no: EM133170011

Questions Cloud

Identify current government policies relating to health : Identify current government policies relating to health and social care in UK and Explain the impact of policy on the health and social care sector
How many units were started in the extrusion department : Over the course of the month, 5,500 units were completed and transferred out to the Weaving Department. How many units were started in the Extrusion Department
Explain what is to be gained by using the data product : Explain what is to be gained by using the data product. Consider various perspectives across different industries and audiences
Prepare the journal entries necessary to record exchange : Prepare the journal entries necessary to record this exchange, assuming that the exchange (a) has commercial substance
Compute the current ratio and working capital : Based on the following information, compute the (1) current ratio and (2) working capital - Current assets $165,120 and Total assets 774,000
Compute the earnings per share : Consider the following information provided by Bestco Pty Ltd: 10% Preference shares $2,000,000. Compute the earnings per share
Discuss what change management processes will be required : Evaluate possible traction options available to eliminate diesel traction from the railway west of Exeter
Determine the earnings yield : Consider the following information provided by Bestco Pty Ltd: Net profit before tax $1,600,000. Determine the earnings yield
How many units will he purchase : If Jonathan purchases the funds when the NAVPS is $8 and he is charged a 3% front-end sales charge, how many units will he purchase

Reviews

Write a Review

Accounting Basics Questions & Answers

  Make the wage entries

Read the following case, make the wage entries and the process of recording the transactions (posting) in the individual account book (ledger)

  What amount of cash would shown as collected from customers

On the statement of cash flows, what amount of cash would be shown as collected from customers

  Discuss lifo retail method

Under retail inventory method and LIFO retail method, how are each of the individual items treated under markdown cancellationsmethod.

  Debbie company manufactures a product requiring 2 pounds of

debbie company manufactures a product requiring 2 pounds of direct material. during 2009 debbie purchases 24000 pounds

  Mercy hospital is a privat hospital that serves an aging

mercy hospital is a privat hospital that serves an aging population the hospital administrator believes that insurance

  What additional disclosures might be necessary

What additional disclosures might be necessary to present the inventory fairly

  What is amount recorded for the day sales

The actual cash received from cash sales was $14,356, and the amount indicated by the cash register total was $14,290. What is amount recorded for the day sales

  What costs are included or excluded from inventory

Does an item's cost flow have to match its physical flow? What costs are included/excluded from inventory

  Discuss any potential negative effects of stock repurchase

Discuss any potential negative effects of the stock repurchase. Why a company would buy back its own stock and provide an example

  Explain the differences to the directors

The board of directors is considering a stock split or a stock dividend. They understand that total stockholders' equity will remain the same.

  Right foot shoes issued a two-year 46000 interest-bearing

right foot shoes issued a two-year 46000 interest-bearing note on january 1 2008 in exchange for new equipment.

  Davenport company sold merchandise to a customer

1.On December 1, 2013, Davenport Company sold merchandise to a customer for $20,000. In payment for the merchandise,

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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