Cash Cash Equivalents Accounts Receivable Total current liabilities $ 10,000 8,850 3,700 29,000
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Espinoza Air Conditioning & Heating had the following select financial data as of June 30, 2018.
What is Espinoza’s cash ratio?
a. 0.34
b. 0.65
c. 0.78
d. 1.54
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- AmountFinanced Number ofPayments MonthlyPayment FinanceCharge APR $18,300 72 $426.08 $ %What total amount should be reported as cash and cash equivalents at December31,2020 on the statement of financial position? 2,580,000 2,970,000 2,930,000 3,170,000Particulars Amount (in millions) Sales £260,174 COGS £161,782 EBIT £63,930 EBITDA £76,477 Interest Expense £3,576 Net Income £55,256 Total Debt £108,047 Total Assets £338,516 Net Fixed Assets £37,378 Total Equity £90,488 Current Assets £162,819 Current Liabilities £105,718 Cash & Cash Equivalents £48,844 Accounts Receivables £22,926 Inventories £4,106 Accounts Payable £46,236 Particulars Amount (in millions) Sales £260,174 (a) You are required to calculate the following ratios:Current RatioQuick RatioCash RatioDebt to Equity RatioDebt RatioReceivables Turnover RatioInventory Turnover RatioGross MarginOperating Profit MarginNet Margin (a) You are required to calculate the following ratios:Current RatioQuick RatioCash RatioDebt to Equity RatioDebt RatioReceivables Turnover RatioInventory Turnover RatioGross MarginOperating Profit MarginNet Margin
- AmountFinanced Number ofPayments APR TableFactor FinanceCharge MonthlyPayment $600 18 17% $ $ $Cash and cash equivalents 5,14 P 3,985,000 Receivables, net 6,14 7,742,000 Inventories 7 15,859,000 Short-term investments 8,14 3,280,000 Other current assets 10 352,000 Total current assets P 31,218,000 Note 8 on investments described the investments as equity securities held primarily for being traded to takeadvantage of price fluctuations in the market. The following information shows the breakdown of the investmentaccount per client's subsidiary records: Held for Trading Securities: Securities No. ofShares MarketPrice Amount SMCOrdinary 5,000 176 P 880,000 AC Ordinary 3,000 800 2,400,000 Total P 3,280,000 You were able to verify that the quantity and valuation of the shares as of December 31, 2019 were appropriate. Based on your substantive test of details of transactions and balances for the investment account you gatheredthe following information for 2020: SMC…Income tac was $300,409 for the year. Income tac payable was $28,102 and $42,997 at the beginning and end of the year,reapectively. Cash payants for income tac reportés on the statement pc cash flots usine the direct method la a. $ 285,514 b. 315,304 c. 300,409 d. 371,508
- ($ in 000s) Cash and cash equivalents $247,286 Short-term investments 362,700 Accounts receivable 513,944 Inventory 468,738 Prepaid expenses (current) 92,259 Total current assets 1,684,927 Long-term receivables 119,800 Equipment (net) Total assets Notes payable (current) 40,116 Accounts payable 41,072 Accrued liabilities 430,772 Other current liabilities 190,604 Total current liabilities 702,564 Long-term debt 343,576 Total liabilities 1,046,140 Common stock 460,627 Retained earnings 1,000,000 1. Find Equipment (net) 2. Find Total AssestsASSETS Current Assets Cash and cash equivalents 4, 21 ₱ 345,929,975 Receivables - net 5, 21 228,360,959 Notes receivable 8, 21 195,007,214 Inventories 6 33,918,796 Due from related parties - current portion 8, 21 1,602,120,064 Prepaid expenses and other current assets 7 97,563,470 Total Current Assets 2,502,900,348 Total Current Liabilities 1,929,206,522 SOLVE FOR THE QUICK RATIOIn the cash flow diagram shown below, determine the uniform amount B from EOY 11 to 20 if A = P 20, 000.
- Fiscal year is January-December. All values PHP Millions. 2020 2019 Cash & Short Term Investments 57,461 23,022 Cash Only 21,361 20,892 Short-Term Investments 36,100 2,130 Cash & Short Term Investments Growth 149.59% -4.75% Cash & ST Investments / Total Assets 27.26% 12.28% Total Accounts Receivable 7,050 5,906 Accounts Receivables, Net 5,796 5,370 Accounts Receivables, Gross 6,455 5,762 Bad Debt/Doubtful Accounts -659 -392 Other Receivables 1,253 537 Accounts Receivable Growth 19.36% 21.46% Accounts Receivable Turnover 18.34 30.41 Inventories 10,727 12,016 Finished Goods - 9,116 Raw Materials 7,680 228 Progress Payments & Other 3,048 2,673 Other Current Assets 4,802 4,675 Prepaid Expenses 4,661 4,436 Miscellaneous Current Assets 141 239 Total Current Assets 80,041 45,619 Net Property, Plant & Equipment…Fiscal year is January-December. All values PHP Millions. 2020 2019 Cash & Short Term Investments 57,461 23,022 Cash Only 21,361 20,892 Short-Term Investments 36,100 2,130 Cash & Short Term Investments Growth 149.59% -4.75% Cash & ST Investments / Total Assets 27.26% 12.28% Total Accounts Receivable 7,050 5,906 Accounts Receivables, Net 5,796 5,370 Accounts Receivables, Gross 6,455 5,762 Bad Debt/Doubtful Accounts -659 -392 Other Receivables 1,253 537 Accounts Receivable Growth 19.36% 21.46% Accounts Receivable Turnover 18.34 30.41 Inventories 10,727 12,016 Finished Goods - 9,116 Raw Materials 7,680 228 Progress Payments & Other 3,048 2,673 Other Current Assets 4,802 4,675 Prepaid Expenses 4,661 4,436 Miscellaneous Current Assets 141 239 Total Current Assets 80,041 45,619 Net Property, Plant & Equipment…how would i do an horizontal and vertical analysis on the following? Consolidated Balance Sheets - USD ($) Jul. 31, 2020 Jul. 31, 2019 Current assets: Cash and cash equivalents $ 333,761,000 $ 11,054,000 Accounts and notes receivable, net 101,438,000 107,596,000 Inventories 72,664,000 80,454,000 Prepaid expenses and other current assets 35,944,000 42,275,000 Total current assets 543,807,000 241,379,000 Prepaid expenses and other current assets 35,944,000 42,275,000 Property, plant and equipment, net 591,042,000 596,723,000 Goodwill, net 247,195,000 247,195,000 Intangible assets, net 104,049,000 108,557,000 Operating lease, right-of-use assets 107,349,000 Other assets, net 74,748,000 69,105,000 Total assets 1,668,190,000 1,262,959,000 Current liabilities: Accounts payable 33,944,000 33,364,000 Short-term borrowings 0 43,000,000 Collateralized note payable 62,000,000 Current portion of long-term debt 859,095,000 631,756,000…