Determine the quick ratio for both companies

Assignment Help Financial Accounting
Reference no: EM13177798

The current assets and current liabilities for Apple Computer, Inc., and Dell Inc. are shown as follows at the end of a recent fiscal period:

2305_assets and liabilities.PNG

(a) Determine the quick ratio for both companies.

(b) Interpret the quick ratio difference between the twocompanies.

Reference no: EM13177798

Questions Cloud

Show effect of the tax on the equilibrium wage nd employment : For each hour of work, the employer deducts $1 and sends the money to the city government. The initial wage (Before the tax) is $10, and total employment is 20,000 hours per day. Use a graph to show the effect of the tax on the equilibrium wage an..
Find the optimal soulution using the graphical soulution : .determine the amount of slack or surplus for each constraint (dont worry about this problem it has been emitted from the homework but if you can help me to understand this I would greatly apprecaite it) suppose the objective function is changed to..
Explain durable goods pricing : The monopoly sells two units of goods over two periods. The costs are zero. Consumer A has a valuation of 15 and Consumer B has a valuation of 10. Suppose the discount rate is ?=.8. If we allow Consumer B to have a valuation of k
Prepare a lease amortization schedule : Explain why Kevin Pte Ltd should treat this lease as a financial lease, prepare a lease amortization schedule for the entire lease period for the firm.
Determine the quick ratio for both companies : Determine the quick ratio for both companies, and interpret the quick ratio difference between the twocompanies.
Prepare journal entries to record the preceding transactions : Prepare journal entries to record the preceding transactions on Adjusto's books, including the adjusting entries at the end of 2007.
Journal entries of sheng company : Prepare journal entries to record the following merchandising transactions of Sheng company, which applies the perpetual inventory system.
Journalize the foregoing transactions : Journalize the foregoing transactions and post to the T-account and show how to report the short-term investment on the cablevision balance sheet at December 31.
Calculate break-even in pounds if the sales price : Calculate break-even in pounds if the sales price increases by 10% and fixed costs increase by £12,000 and calculate break-even in pounds if total sales increases by 10% and fixed costs increase by 10%.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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