Short term investments at cost year

Assignment Help Financial Accounting
Reference no: EM13966058

Cash= 5943 year- 2014 and year 2013 cash=3943

Short term investments at cost year 2014 =426 and year 2013 short term =192

Accounts and notes receivable year 2014=6323 and year 2013 =4624

Inventories year 2014=3372 and year 2013=2618

Prepaid expenses and other current assets year 2014=1505 and year 2013=1194

Short term obligations year 2014=4898 and year 2013 =8292

Accounts Payable year 2014 =10994 and year 2013 =464

  • Determine the current ratio for year 2014 and 2013?
  • Determine the quick ratio for year 2014 and 2014?

Reference no: EM13966058

Questions Cloud

Prepare a memo that explains the format of the statement : Prepare a memo that explains the format of the statement of cash flows and the rationale for each number included in Logan's statement of cash flows.
William company acquired : William Company acquired 30 percent of eGate Company's common stock, at underlying book value of $100,000. eGate has 100,000 shares of $2 par value, 5 percent cumulative preferred stock outstanding. No dividends are in arrears.
Promised her a big bonus : Last year, Diana’s boss promised her a big bonus if she met her goals. At the end of the year, after Diana had exceeded her goals, she found her bonus was very small. In the future, Diana’s _____ will probably be ____.
Chariot company acquired : Chariot Company acquired 100 percent of Stryder Company for $220,000 cash. The trial balances for the two companies on December 31, 20X8
Short term investments at cost year : Short term investments at cost year Accounts and notes receivable year Prepaid expenses and other current assets year
Program to create a class huge integer : program to create a class Huge Integer which uses a 40-element array of digits
How may culture influence an organization ability to balance : Think about the contradictory roles that differentiation and integration play in an organization's performance and its ability to innovate and operate efficiently. How may culture and/or geography influence an organization's ability to balance the..
Shipping corporations voting shares : Plimsol Company acquired 100 percent of Shipping Corporation's voting shares, at underlying book value. Plimsol uses the cost method in accounting for its investment in Shipping. Shipping's retained earnings was $75,000 on the date of acquisition.
Anova approach to test the appropriate hypotheses : (a) Use the ANOVA approach to test the appropriate hypotheses. Use α = 0.01. (b) What assumptions are necessary for the conclusion in part (a)?

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