User Account

All Pages

Determine the quick ratio and current ratio

Assignment Help Accounting Basics
Reference no: EM131642823

Question - For the FY 2016, Alpha Company's balance sheet included the following current items: cash $40,000, accounts receivable $160,000, inventories $100,000, prepaid expenses $20,000, accounts payable $90,000, and accrued expenses $70,000.  Use this information to determine the: (Round & enter your answers to one decimal place for non-dollar ratios and enter the value. For dollar ratio enter as whole dollars only.)

1. Quick Ratio

2. Current Ratio

2. Working Capital

Reference no: EM131642823

Questions Cloud

Perform an external and internal analysis : Give an example of an ability and explain under what circumstances it is a core competency and under what circumstances it is not a core competency
What is the company marginal cost : It costs a company $35,000 to produce 700 graphing calculators. The company's cost will be $35,070 if it produces an additional graphing calculator.
Determine the times interest earned ratio : For the FY 2016, Alpha Company had net sales of $950,000 and net income of $55,000, determine the Times Interest Earned Ratio
What is a preference under the bankruptcy code : What is a preference under the bankruptcy code? What time period is reviewed to determine if a preference has occurred?
Determine the quick ratio and current ratio : For the FY 2016, Alpha Company's balance sheet included the following current items: determine the Quick Ratio and Current Ratio
What is the company average cost : It costs a company $35,000 to produce 700 graphing calculators. The company's cost will be $35,070 if it produces an additional graphing calculator.
Used surveillance and covert investigation techniques : Assuming your investigation used surveillance and/or covert investigation techniques, what types of surveillance and/or covert operations would you use?
Discuss sources of bias for quantitative research : Discuss sources of bias for both quantitative and qualitative research. For quantitative research, be sure to address both random and systematic bias.
Determine alpha company net cash flows : Use this information to determine Alpha Company's Net Cash Flows from Financing Activities

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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