What is the current ratio for office renovation inc

Assignment Help Accounting Basics
Reference no: EM132525792

Question - Office Renovation Inc. has cash of $22,850, net accounts receivable of $18,250, short-term investments of $5,000, and supplies of $10,800. It also has $15,199 in current liabilities and $28,000 in long-term liabilities. What is the current ratio for Office Renovation Inc.?

Reference no: EM132525792

Questions Cloud

What personal jurisdiction and subject matter jurisdiction : Define and explain what personal jurisdiction and subject matter jurisdiction mean and how these terms are relevant to one who does business in different states
Prepare the bank reconciliation for this company as of march : On March 31, the bank issued a credit memorandum for $35 interest earned on Cloy's account. Prepare the bank reconciliation for this company as of March
Albino rabbit produce a himalayan rabbit : The gene that controls coat color in rabbits has four allele: agouti (C), chinchilla (Cch), Himalayan (ch), and albino (c). in the order given, each allele
Abundant natural biopolymers on earth : Which is one of the most abundant natural biopolymers on Earth, only found in plants?
What is the current ratio for office renovation inc : Office Renovation Inc. has cash of $22,850, net accounts receivable of $18,250, What is the current ratio for Office Renovation Inc.
What is recommendation for a business to be both ethical : What is your recommendation for a business to be both ethical and successful? How will your recommended framework work in decision making?
Most fundamental issues in business law : One of the most fundamental issues in business law involves the question of when a company can be held liable for the acts of an individual person
Research results and analysis : The report may incorporate contents from the progress report completed in Master Project 1 with the research results and analysis obtained from current study
Violates the interstate commerce clause : Analyze and explain whether the Delaware restriction on the sale of Shine It violates the Interstate Commerce Clause.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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