5. Mohammed has notes payables or $500, long-term debt of $1,900, inventory of $900, total current assets of $5,000, accounts payables of $850, and accrued expenses of $600. The quick ratio is
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- The quick ratio is 2.50 while the current ratio is 3.00. The only items presented as current assets in the balance sheet are cash, accounts receivable, and inventory. If the current liabilities if ₱600,000, how much is the inventory balance?Bunky 's Boutique has cash of $100, accounts receivable of $190, accounts payable of $200, short-term notes payable of $140, LTD of $200, Common Stock of $150 and inventory of $150. What is the value of the quick ratio?The following figures are taken from the statement of financial position of GEN Co. $m Inventory 2 Receivables 3 Cash 1 Payables 3 Bank loan repayable in 5 years time 3 What is the current ratio? A 1.33 B 2.00 C 1.00 D 0.33
- Given the following information, compute the current and quick ratios: Cash $ 100,000 Accounts receivable 335,000 Inventory 487,000 Current liabilities 463,000 Long-term debt 619,000 Equity 621,000 Round your answers to two decimal places. Current ratio: :1 Quick ratio: :1Solve from the following facts. Note: Round your answers to 2 decimal places. Current assets $ 14,000 Net sales $ 40,000 Accounts receivable $ 5,000 Total assets $ 38,000 Current liabilities $ 20,000 Net income $ 10,100 Inventory $ 4,000 Calculate Current ratio. Calculate Acid test.Based on the following data, what is the quick ratio (rounded to one decimal point)? Accounts payable $ 30,000 Accounts receivable 60,000 Accrued liabilities 5,000 Cash 30,000 Intangible assets 50,000 Inventory 69,000 Long-term investments 80,000 Long-term liabilities 100,000 Marketable securities 30,000 Fixed assets 670,000 Prepaid expenses 1,000 a. 3.4 b. 1.8 c. 3.0 d. 2.2
- Pete's Boats has beginning long-term debt of $180 and ending long-term debt of $310. The beginning and ending total debt balances are $340 and $360, respectively. The interest paid is $60. What is the amount of the cash flow to creditors? Select one: a. $0 b. -$10 c. $40 d. $10 e. -$70 ???using the information provided extract the necessary information and compute the quick ration current assets $50,000 current assets $25,000 Invetory $5,000 Notes payable $8,000Which one of the following transactions can immediately improve the Debt to Total Assets Ratio? A Receive $5,200 cash for services provided and recorded before. B Provide services and receive $5,000 cash. C Adjust for the consumption of supplies after the annual stocktake. D Purchase Vehicle for $6,000 on credit. E Pay $2,300 annual insurance premium.
- A firm has current liabilities of $500. Account receivables are $300 and inventory is $400. All other current assets equal $800. Long term assets are $5000, long term liabilities are $2500, sales is $8000, EBIT is $2000, interest expenses are $600 and net income is $100. Compute the following ratios: ROA DSOBased on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $ 30,000 Accounts receivable 60,000 Accrued liabilities 5,000 Cash 30,000 Intangible assets 50,000 Inventory 69,000 Long-term investments 80,000 Long-term liabilities 100,000 Marketable securities 30,000 Fixed assets 670,000 Prepaid expenses 1,000From the following information, calculate current ratio. Trade receivables (debtors) 1, 00,000 Bills payable 20,000 Prepaid Expenses 10,000 Sundry Creditors 40,000 Cash and cash equivalents 30,000 Debentures 2,00,000 Short term investments 20,000 Inventories 40,000 Machinery 7,000 Expenses Payable asap
