A company has current assets of $560,000 and current liabilities of $233,000. The board of directors declares a cash dividend of $169,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimal places, e.g. 2.50.) Current ratio after the declaration but before payment enter the ratio rounded to 2 decimal places :1 Current ratio after the payment of the dividend enter the ratio rounded to 2 decimal places :1
A company has current assets of $560,000 and current liabilities of $233,000. The board of directors declares a cash dividend of $169,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimal places, e.g. 2.50.) Current ratio after the declaration but before payment enter the ratio rounded to 2 decimal places :1 Current ratio after the payment of the dividend enter the ratio rounded to 2 decimal places :1
Chapter2: Analysis Of Financial Statements
Section: Chapter Questions
Problem 17PROB
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d) A company has current assets of $560,000 and current liabilities of $233,000. The board of directors declares a cash dividend of $169,000. What is the
Current ratio after the declaration but before payment
|
enter the ratio rounded to 2 decimal places
|
:1 | |
---|---|---|---|
Current ratio after the payment of the dividend
|
enter the ratio rounded to 2 decimal places
|
:1 |
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