A. • Current assets is PHP2,000, current liabilities is PHP3,500. What is current ratio? • Inventory is PHP150. Accounts payable is PHP450. Cash and accounts receivable total PHP800. What is the current ratio? Quick ratio? • If current ratio is 1.7, what is the total accounts reccivable if cash is PHP20,000, inventory is PHP7,500, and accounts payable is PHP30,000. • Cash is 30% of total current assets. If current ratio is 2.3, what is the new current ratio if total non-cash current assets grow by 50%? B. 1. compute the ratios of the sample companies and ask them to compare the three companies using the ratios computed. B. 2 what are the possible reason why the sample companies bave different ratios. What could have possibly caused these differences? What are the implications? B. 3 How to interpret the liquidity ratios? B 4. Which ratio is more relevant - quick ratio or current ratio? B 5. What other factors would a barık or supplier look into in deciding whether to lend short-ferm credit?

I could use a hand with this

19. The accounts receivable turnover is 8.14, and average net accounts receivable during the period is $400,000. What is the amount of net credit sales for the period? Brief Exercises Identify different types of receivables. BE8.1 (LO 1), C The following are three receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a balan a. Sold merchandise on account for $64,000 to a customer. b. Received a promissory note of $57,000 for services performed. c. Advanced $10,000 to an employee. Record basic accounts receivable transactions. PEO AR Rooord the following transactions on the books of Jarvis Co. (Omit cost of goods sold entries.)

6. 131 3) Northern Industries accepted a credit card sale for $14,000. The credit card company charges 2%. a. What is the entry for this transaction on the horizontal equation? b. What is the impact of collecting the payment from the credit card company? (Show the individual accounts impacted in the asset section) Assets Liabilities Stockholders' Equity Revenues Expenses Net Income Cash %3D Flow a. b. 4) Here are the inventory purchases and sales for Fraser Company: Inventory Layers Available for Sale: October 1 Beginning Inventory 14 @ $16 $224 9. Study guide - Chapter 5 (with solutions).docx 19 f12 Oly prt sc 114

Hi There,  I need ask a favor... How to calculate "Current Liabilites" if I only know, these following data :  - Cash and Equivalents : $ 100.00 - Fixed Assets : # 283.50 - Sales : $ 1,000.00 - Net Income : $ 50.00 - Quick Ratio : 2.0 x - Current Ratio : 3.0 x - DSO : 40 Days - ROE : 12%   Thank you

A company has current assets of $92,000 (of which $37,000 is inventory and prepaid items) and current liabilities of $37,000. What is the current ratio? What is the acid-test ratio? If the company borrows $17,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? Current Ratio   enter the ratio rounded to 2 decimal places  :1 Acid Test Ratio   enter the ratio rounded to 2 decimal places  :1 New Current Ratio   enter the ratio rounded to 2 decimal places  :1 New Acid Test Ratio   enter the ratio rounded to 2 decimal places  :1

Compute the Quick ratio if Current Assets: 11.436; Current Liabilities: 5.414; Inventory: 4.456; Cash: 2.024.

Q16. Use the following information to calculate the net liquid balance: Cash and equivalents $10 Accounts receivable = $30, Inventory = $25, Accounts payable $10, Notes payable = $25 a. $-25 b. $-15   c. $35 d.$70   Q17. Which of the following best characterizes a firm with current assets of $5,000 and current liabilities of $1,000? A.Liquid B.Solvent C.Insolvent D.Unprofitable   Q18. which of the following best describes days sales outstanding? A. average time it takes to collect on a credit sale B. average length of time inventoried item is in stock before it is sold C. average length of time it takes to turn a cash outflow into a cash inflow D. average time between receipt of inventory and collection on a credit sale   Q20. The ability of a firm to pay its bills on time while remaining a viable entity is referred to as: A.liquidity B. solvency C. cash conversion cycle D.the net liquidity balance

5.Blige Corporation had sales revenue of $12,000,000 in 2019 and$15,000,000 in 2020. Accounts receivable were $1,800,000 at the end of2019 and $2,000,000 at the end of 2020.Required(a)Calculate the accounts receivable turnover ratio for 2019 and 2020.(b)Has the management of accounts receivable improved or worsenedfrom 2019 to 2020?(c)What are the advantages and disadvantages of selling goods oncredit?(d)How much cash did Blige Corporation collect from its customers in2020?(e)If sales in 2021 were expected to be $22,500,000, what would youexpect accounts receivable to be at the end of 2021?Does a major increase in accounts receivable create

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:  :1