Calculate the quick ratio and indicate wheather the ratio is favorable or unfavorable. Current Liabilities $28,000,000.00 Cash: $27,000,000 Investments $36,000,000 Accounts Receibable $12,000,000.00 Due from other funds: $2,500,000.00
Q: Mutual Inc, a 10 million dollar company, bought a domain subscription for $70 using a credit card.…
A: The depreciation is related to a decrease in the value of fixed assets. The tangible assets are…
Q: Paris Company owns and manages Hilton Hotel. The hotels total floor space is 10,000 sq. meters.…
A: Investment property is Land or Building or both which can be used for : - Rental -Capital…
Q: Can you help me with no.8,9,10,11,12,13
A: The act of liquidating a corporation's assets and closing the company is known as "winding up." The…
Q: 8. Mary Catacutan and Pedro Perez are considering the possibility of teaching swimming to kids…
A: Introduction: In CVP analysis (Cost-volume-profit), impact on profitability of the firm is analyzed…
Q: Active Customer Services Ltd uses a traditional activity-based costing system to assign £900,000 of…
A: A cost driver is any factor that causes change in the cost of an activity. Cost drivers are the…
Q: What is Vertical Analysis in Financial Analysis?
A: Financial Statement- Financial statements describe an entity's financial activity and condition. At…
Q: At the end of the accounting period ending December 31 of the current year, the following totals…
A: Requirement: Calculation of adjusted income and adjusted total assets from the given information.…
Q: The statement of financial position of PRUTZ Partnership as of December 31, 2017 show the following…
A: At the time of liquidation of partnership any cash received on sale of asset is utilized toward…
Q: Deductions from Gross Income Classify the items for deduction in the following scenarios. 2. Debtor…
A: Dear student, since you asked multiple question we will answer only 1 question as per bartleby…
Q: Consider a baseline long run equilibrium where output is 22 trillion dollars, and the price level is…
A: Money Market at Equilibrium- The money market is in equilibrium when the quantity of money demanded…
Q: At the end of an accounting period, a company's total assets equaled $575,000, and owner's equity…
A: As per basic accounting equation: Total Assets = Liabilities + Owner's Equity Total Assets =…
Q: On January 1, 2017, Blizzards-R-Us purchased a snow-blowing machine for $125,000. The machine was…
A: To a change in the estimate of residual value and remaining useful life of an asset, the prospective…
Q: Which information is not needed in preparing an income statement? cash from sales electricity bill…
A: The income statement is the part of the financial statement prepared at the end of the reporting…
Q: Problem 4-29 Part-a (Algo) a. Determine Jeremy's tax refund or taxes due. Description (1) Gross…
A: The gross income means the total of all the incomes that are earned by the taxpayer. The gross…
Q: Requirement 1. If the fair value of the used truck is P320,000, the cost of the new truck is 2. If…
A: Requirement #1:— Cost of New Truck = Fair Value of Used Truck + Cash Price with Trade in =…
Q: McBurger, Inc, wants to redesign its kitchens to improve productivity and quality. Three designs,…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Vaughn Excavating Inc. is purchasing a bulldozer. The equipment has a price of $97,600. The…
A: The total interest that will be paid over the whole term of the payment plan is calculated by…
Q: Roundtree Company reported the following information with respect to cost of goods sold for the…
A: The correct answer for the above mentioned question is given in the following steps for your…
Q: Determine the amount of tax liability in each of the following instances: Use the appropriate Tax…
A: a. Taxable income of $33,453Tax liability = 1905+[12%*(33,453-19,050)] = $3,633b. Taxable income of…
Q: The prepaid insurance account had a beginning balance of $11,500 and was debited for $18,000 of…
A: Prepaid insurance refers to the insurance premium paid for the future period. Working note:…
Q: The following table was taken from Firm X's Production Cost Report: Completed and transferred…
A: FIFO: FIFO stands for First-In, First-Out. In this method inventory purchased first will be sell…
Q: 1) ABC Ltd is considering to invest in a project the costs $7,00,000. Tax rate is 50%. Thr company…
A: Straight line depreciation method meaning: Straight line basis is a method of calculating…
Q: When a business has Available-for-Sale Securities, the account Unrealized Loss on Available-for-Sale…
A: Available-for-sale securities Available-for-securities are referred to as equity or debt security…
Q: a)Calculate the deficiency in labour hours for the month. and determine the priority ranking for…
A: Calculate the deficiency in labour hours for the month. and determine the priority ranking for…
Q: 1. Complete the following tables (the example from the course): We start with the assumption that…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Prepare journal entries to record revenue for 20X1 for Posa
A: Transaction No. General Journal Debit Credit 1 Cash 30,000,000 Sales Revenue 24,000,000…
Q: Required: Determine the adjusted balances of the following as of December 31, 2022 1. Inventory 2.…
A: Inventory at 31 December,22 1329000 A. already Sold goods -50000 B. Sales on consignment basis…
Q: Nyamekye Limited is a trading company making up its accounts regularly to 31 December each year. At…
A: Depreciation Expenses There are different method which are applicable for charging the depreciation…
Q: Metal Company budgeted $556,000 manufacturing direct wages, 2,500 direct labor hours, and had the…
A: Formula used: Activity rate per hour = Total Machine set up / Number of setup
Q: 1. How did you calculate the depreciation? 2. How did you calculate the profit in the partner's…
A: Depreciation is calculated by various methods like the straight-line method, declining balance…
Q: Requirements 1. Journalize Lima's transactions during August 2024, assuming Lima uses the direct…
A: 1. To record the sale of goods on credit and for cash. Dr. Accounts Receivable... $122,000 Dr. Cash…
Q: Deductions from Gross Income Classify the items for deduction in the following scenarios. 3. A…
A: As per BIR [Bureau of Internal Revenue] of Philippines for domestic corporation , its operating…
Q: _____________ What type of income is Ramona’s $2,450 monthly take-home amount after taxes?a.…
A: The type of income Ramona’s $2,450.
Q: Excel: What does the "subtotal" function accomplish and how do I use it?
A: Subtotal function: This function enables to arrive at the subtotal in a list or a database This…
Q: 1. Table of depreciation per year using the straight-line method and the declining balance method 2.…
A: Given in the question: Machine Price = Rp 20,000,000 Machine Purchase Date = January 2013 Discount…
Q: EOQ, Ordering Cost, Carrying Cost, and Total Inventory-Related Cost Ranger Company purchases 20,530…
A: Economic order quantity is the quantum of the orders which are optimal for the processing unit so…
Q: Given the information below for HooYah! Corporation, compute the expected share price at the end of…
A: For determining the P/E ratio, the Price of the share is divided by the EPS value related to that…
Q: Simms Corp. is considering a project that has the following cash flow data. What is the project's…
A: Internal Rate of Return is that rate at which Present Value of Cash Inflow is equal to Present value…
Q: In May 2021, Reginald graduated from the Naval Academy with a degree in aeronautical engineering and…
A: Total eligible moving expense = Gasoline + Renting a truck from UPAYME rentals + Tow trailer amount…
Q: Discuss the concept of functional currency under SFAS No. 52. What purpose does the functional…
A: Statement of financial accounting standard number 52 is the one which is amended from time to time…
Q: Scenario Much like the decision to start a business, the decision to attend college is fraught with…
A: Answer is True
Q: Sheridan Company uses both special journals and a general journal as described in this chapter. On…
A: Account receivable is the balance of money due to a firm for goods used by the customer but not paid…
Q: wer Company manufactures a variety of drill bits. The company's plant is partially automated. The…
A: Requirement: In the given question it is asked to calculate machine handling overheads for the…
Q: Turner, Roth, and Lowe are partners who share income and loss in a 1:4:5 ratio (in percents: Turner,…
A: Liquidation or Dissolution of partnership Firm: It is said to be dissolved when firm ceases to…
Q: Finch and Gerhardt are partners. Finch's capital balance is P100,000 and Gerhardt's is P140,000 They…
A: Lets understand the basics. Bonus method is used for the admission of the new partner. In this…
Q: Questions: 1. Make a comparison for each company based on computed ratio. 2. What is your…
A: The performance of the two companies can be evaluated using the ratio. The ratio provides a view of…
Q: G H Ltd exports goods to Harlom Inc. All sales contracts are denominated in US dollars. Sales of…
A: Foreign Exchange Rate has a vital role in the export and import business, because these rates are…
Q: 11. Prepare Trading and Profit and Loss account from the following information for the year 31st…
A: The profit and loss account is prepared to record the revenues and expenses for the period. The cost…
Q: 1. Morny Corporation sold equipment to its 80% owned subsidiary, Morrie Corporaiton on January 1,…
A: The correct answer for the above mentioned question is given in the following steps for your…
Q: PROBLEMS: 1. Make a formula at cell C17 to C22 given the condition: It will display GOOD if INCOME…
A: Microsoft Excel- Microsoft Excel is a MS office program, used to calculate numerical values in a…
Calculate the quick ratio and indicate wheather the ratio is favorable or unfavorable.
Current Liabilities $28,000,000.00
Cash: $27,000,000
Investments $36,000,000
Accounts Receibable $12,000,000.00
Due from other funds: $2,500,000.00
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Assume that the fund is liquidated at the end of the fourth quarter, what are the arithmetic, time-weighted (geometric), and dollar-weighted average rates of return? 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Assets Under Managment at start of quarter ($ milion) 10 12.5 21.25 9 Holding-period return (%) 15% 30% -20% 25% Total assets before net inflows 11.5 16.25 17 11.25 Net inflow ($ million) 1 5 -8 6 Assets under managment at end of quarter ($ million) 12.5 21.25 9 17.25If Average net borrowings are OMR 250,000, Average Shareholders fund are OMR 250,000 and Current Cost Adjustment is OMR 90,000 then the Gearing Adjustment is; a. OMR 45,000 b. OMR 75,000 c. OMR 9,000 d. OMR 39,000A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 –$ 150,000 1 66,000 2 73,000 3 57,000 What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
- The following information is available for Multicomm Limited : Asset/Sales is 0.9, change in sales is Rs.50 million, Liability/Sales is 0.60, Net Profit Margin is 7 percent, S1=Rs.250 million and retention ratio = 0.8. How much fund will the firm be able to generate internally for the forthcoming year a. 14 million b. 0.8 million c. 1.5 million d. 1 millionvanhoe Company accumulates the following data concerning a proposed capital investment: cash cost \$212.060. net annual cash flows $43,000, and present value factor of cash inflows for 10 years is 5.22 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg(45).) Determine the net present value, and indicate whether the investment should be made. dont give answer in image thnkuThe present value of the following cash flow stream is$7,300 when discounted at 8 percent annually. What is the value of the missing cashflow? Year Cash Flow1 $1,5002 ?3 2,7004 2,900
- Using the following information, calculate the RAROC. •Risk-Adjusted Return: $80,000•Loan Amount: $3,000,000•Capital Requirement: 10%•Capital Ratio: 75% a) 28.75% b) 33.33% c) 35.56% d) 38.25%How much external funds would Batik Company need? Negative EFN of ₱81,705 Positive EFN of ₱81,705 Negative EFN of ₱385,675 Positive EFN of ₱385,675Legarda Company uses a 12% hurdle rate for all capital expenditures. It screens investments using three evaluation techniques: the net present value, the profitability index, and the internal rate of return. It has lined up four projects with the following information. A B C D Initial cash outflow 400,000 596,000 496,000 544,000 Annual cash inflows Year 1 130,000 200,000 160,000 190,000 2 140,000 270,000 190,000 250,000 3 180,000 180,000 180,000 4 130,000 160,000 120,000 If the company has a capital budget of P1,500,000, what projects should be pursued based on the three criteria? Show necessary computations on your solution.
- An arithmetic cash flow gradient series equals $600 in year 1, $800 in year 2, and amounts increasing by $200 per year through year 5. At i = 6% per year, determine the factor from the compound interest factor table that is used to calculate the equivalent annual worth of the revenue through year 5. Multiple choice question. A. 4.212 B. 5.637 C. 1.884 D. 7.934Determine the risk adjusted Net Present Value of the following Projects: - Particulars Project A Project B Project C Net Cash Outlays (Rs) 100,000.00 120,000.00 210,000.00 Project Life 5 Years 5 Years 5 Years Annual Cash Inflow (Rs) 30,000.00 42,000.00 70,000.00 Coefficient of Variation 0.40 0.80 1.2 The company selects the risk-adjusted rate of discount on the basis of the coefficient of variation. Coefficient of Variation Risk Adjusted Rate of Discount Present Value factor 1 to 5 years at risk adjusted rate of discount 0.0 10 % 3.791 0.4 12 % 3.605 0.8 14 % 3.433 1.2 16 % 3.274 1.6 18 % 3.127 2.0 22 % 2.864 More than 2.0 25 % 2.689Vital Silence, Inc., has a project with the following cash flows: Year Cash Flow 0 –$ 27,800 1 11,800 2 14,800 3 10,800 The appropriate discount rate is 18 percent. What is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)