What is its quick ratio

Assignment Help Financial Accounting
Reference no: EM133115901

Question - Vacations International prepared its 2021 financial statement based on this information. The company had cash $1,234, inventory $13,480, equity $36,008, accounts receivable $7,789, net fixed assets $42,331, other long- term assets $1,822, accounts payable $9,558, and accrued taxes $2,756. Based on the information given for Vacations International, what is its quick ratio?

Reference no: EM133115901

Questions Cloud

Identify scholarly articles and understand some of thing : Identify scholarly articles and understand some of the things you should look for while completing the assignment.
What was the firm operating cash flow or ocf : The 2014 balance sheet of Jordan's Golf Shop, Inc., showed long-term debt of $5 million, What was the firm operating cash flow or OCF
List three major us financial markets indexes : List three major U.S. financial markets indexes, explain how they are constructed, and describe how it is used - starting with the Dow Jones Industrial Average
What is quantitative easing : What is Quantitative Easing? Quantitative Tightening? What countries are involved? And how are they now affecting the U.S. dollar
What is its quick ratio : The company had cash $1,234, inventory $13,480, equity $36,008, accounts receivable $7,789, What is its quick ratio
Consider real business or non-profit organization : Consider a real business or non-profit organization that has responded to external change well during the past five years or less.
Landmark article research : Some other early authors: Robert Owen, Charles Babbage, Andrew Ure, Charles Dupin, Carnegie, Fayol, Ely, Schloss)
Explore job descriptions and realistic job previews : You will explore job descriptions and realistic job previews. let the reader know what a day is like on the job (good and bad).
What is aritzia value proposition : What is Aritzia's value proposition? Describe the key aspects of the company's business model and specific competitive advantages

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