What will their new current ratio be

Assignment Help Accounting Basics
Reference no: EM133045952

Question - Ayayai Corp. has current assets of $1770000 and current liabilities of $830000. If they pay $367000 of their accounts payable, what will their new current ratio be?

Reference no: EM133045952

Questions Cloud

What is the standard deviation of the portfolio : The correlation between them is 0.66. If a risky portfolio has 26% invested in A and the rest in B, what is the standard deviation of the portfolio
Explain international entrepreneurship and local ones : How to build and strengthen organizational culture and motivate innovation in staff?
How much did he receive from the bank : Christopher found US$110 in his attic and sold it to a bank that charged him a commission of 0.95%. How much did he receive from the bank
Amazon urged not to sell facial recognition technology : Jamie Condliffe (June 2018) Amazon Urged Not to Sell Facial Recognition Technology to Police
What will their new current ratio be : Ayayai Corp. has current assets of $1770000 and current liabilities of $830000. If they pay $367000 of their accounts payable, what will their new current ratio
One-time market transaction negotiation : Explain some of the ways that negotiation within an existing or future relationship is different than a typical one-time market transaction negotiation.
What is its weighted cost of capital for the coming year : The current market value of Alpha's stock is $30. If the firm has a marginal tax rate of 40%, what is its weighted cost of capital for the coming year
Discuss functional structures : Discuss the characteristics of simple structures and the business level strategies they support.
Promote sustainable practices : 1. Do you think social responsibility to promote sustainable practices? Why or why not?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Identify the search term you used to locate the article

Locate a newspaper article describing a current event in the accounting or auditing profession. Topics might include, for example, articles describing recent.

  What is the total of the credit column before correction

You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized.

  Compare the accounting systems used in various countries

Go to the website of one of the major stock exchanges - some are the New York exchange (www.nyse.com); NASDAQ (www.nasdaq.com); or the London Stock Exchange (www.londonstockexchange.com) - and choose two companies from two different countries ..

  On january 1 2012 durdil co borrowed and received 670000

on january 1 2012 durdil co. borrowed and received 670000 from a major customer evidenced by a zero-interest-bearing

  Amount debited to construction expenditure

In late June, the Everest Construction Co. submitted a progress billing on a construction contract for $500,000. On July 2, the bill was approved for payment, subject to a five percent retention, as provided by the contract. The amount that should..

  Rocky mountain corporation makes two types of hiking boots-

rocky mountain corporation makes two types of hiking boots- xactive and pathbreaker data concerning these two product

  Which are not example of a vicious cycle of deleveraging

Your university decides to sell several commercial buildings in the middle of town in order to upgrade buildings on campus.

  Discuss an analysis of aged accounts receivable

Allowance for Doubtful Accounts was estimated to need a balance of $20,000. This estimate is based on an analysis of aged accounts receivable

  Identify the most significant favourable variance

Identify the most significant favourable variance and which is the most significant unfavourable variance. Provide a possible cause for each of these variances

  What is the impact on the balance sheet and income statement

What is the impact on the balance sheet and income statement at/during the following dates: A) grant/measurement date; B) vesting period; C) exercise date

  Strengths and weaknesses of community health systems

Strengths and weaknesses of Community Health Systems.

  Provide the journal entries necessary to account

Aqua Ltd issues a prospectus inviting the public to subscribe for 30 million ordinary shares of $2.00 each. Provide the journal entries necessary to account

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