User Account

All Pages

What is the current ratio after the declaration

Assignment Help Financial Accounting
Reference no: EM132963608

Question - A company has current assets of $612,000 and current liabilities of $217,000. The board of directors declares a cash dividend of $163,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend?

Reference no: EM132963608

Questions Cloud

Explain the obscuring information threshold for materiality : Explain the "obscuring information" threshold for materiality. Explain the "could reasonably to expected to influence" threshold for materiality
What is faithful representation : What is faithful representation? Explain completeness of financial statements and the related standard of adequate disclosure
Calculate the operating profit margin ratio : Calculate the operating profit margin ratio. Current assets = $14,300; Current liabilities = $16,200; Debt payments = $25,300
Compute the adjusted net income : Consider the following information: Budgeted overhead 250,000 and Actual overhead 260,000. Compute the ADJUSTED Net Income
What is the current ratio after the declaration : What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend
Specific type of exemplary business presentation : Presentation identifying aspects of a specific type of exemplary business presentation such as sales pitches, progress reports, business proposals
Prepare the journal entries relating to truck overhaul : Prepare the journal entries for 2018 relating to the truck's overhaul and the depreciation expense that would be recorded at December 31, 2018
What is the value of the contract in year : You are the GM for the Belchertown Bowlers, the local minor league bocce team. Assuming that i=6%, what is the value of the contract in year 0
Discuss the meaning of disability : An accounting firm has just contacted your consulting business for assistance. They want to hire someone for accounting and payroll. The bookstore is downstairs

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!

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