Problem on short-term liability

Assignment Help Accounting Basics

Reference no: EM13145472

A company with working capital of $500,000 and a current ratio of 2.5pays a $85,000 short-term liability. The amount of working capital immediatelyafter payment is:

a. $585,000

b. $415,000

c. $500,000

d. $85,000

Reference no: EM13145472

Questions Cloud

Determine the environmental variable most likely to affect : determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production. Pick a real or fictitious business.

How many grams of nitrogen gas are present in gas sample : a sample of nitrogren gas is collected in a 100 mL container at a pressure of 688 mm Hg and a temperature of 565 degrees C. how many grams of nitrogen gas are present in gas sample?

Cost of goods sold relative to forfeiture : Twelve percent of the containers were not returned. The deposits are based on the container cost marked up 20%. What is cost of goods sold relative to this forfeiture?

How much money is the monthly savings : the student has decided to save money in equal monthly amounts for 48 months and then pay cash. If the student earns 0.75% per month interest on the money she saves, how much money is the monthly savings?

Problem on short-term liability : A company with working capital of $500,000 and a current ratio of 2.5pays a $85,000 short-term liability. The amount of working capital immediatelyafter payment is:

Significant difference in average defect rate of factories : Proportions of defective chips are 4.0% and 6.0% respectively. Using a confidence level of 95%. Which statement is supported by data?

How does the government decide on amount of pollution : How does the government decide on the amount of pollution to allow? What are the potential costs and benefits associated with the regulation of pollution? What are the potential problems associated with employing outright regulation to deal with poll..

Discussing factors-choosing accounting soft : Prepare a 350-word memo discussing the factors to consider when choosing accounting software. Analyze why each factor is important and the risks of not considering each factor.

How many grams of water are needed : Calcium carbide, CaC2 reacts with water to form acetylene. CaC2(s)+2H2O(l) ==> C2H2(g)+ Ca(OH)2(s)

User Account

All Pages