What is the quick ratio

Assignment Help Accounting Basics
Reference no: EM132721786

Question - Souvenirs Pty ltd has a ratio of 3:1 and current liabilities of $15,000. if souvenirs Ltd has $10,000 of inventory, what is the quick ratio.

Reference no: EM132721786

Questions Cloud

Prepare the journal entry to record the issuance of bonds : On January 1, 2020, Wildhorse Company issued $470,000, 13%, 10-year bonds at face value. Prepare the journal entry to record the issuance of the bonds
Presentation on asian and black ethnic students : Presentation - Asian and Black ethnic students - Idea for master discussion
Determine the stock split : Irwin, Inc. had 300,000 shares of common stock outstanding before a stock split occurred, Determine the stock split
Demonstrate a high level of understanding : Your Leadership Reflection Journal should exhibit a personal reflection of your present leadership competencies and also possible adjustments that could be made
What is the quick ratio : Souvenirs Pty ltd has a ratio of 3:1 and current liabilities of $15,000. if souvenirs Ltd has $10,000 of inventory, what is the quick ratio
Discuss about learning theory and design : Demonstrates design theory and practice: the solution must not only cover content about learning theory and design but must demonstrate effective application.
Explain the amount of child and dependent care credit : Locate and review Publication 503. Please explain the amount of child and dependent care credit that Scott and Heather Moore can claim
What constitutes good decision making : Of course you have the Mooz text and is an excellent expert reference. Mooz is not the only expert with an opinion on what constitutes "good decision making."
Analyze the impact of the events on the project : Analyze the impact of the events on the project. Determine if any mitigation activities are required and explain why. Determine if budget or schedule changes.

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