3Sheet1CashMarketable securitiesAccounts receivableInventoryAccounts payable$400,00050,000150,000200,000250,000D2Determine the (a) working capital (b) current ratio, and (c) quick ratio. Round your answer to one decimal placeHC

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Description: 3Sheet1CashMarketable securitiesAccounts receivableInventoryAccounts payable$400,00050,000150,000200,000250,000D2Determine the (a) working capital (b) current ratio, and (c) quick ratio. Round your answer to one decimal placeHC

A ratio is a mathematical relationship between two variables. Ration analysis is a financial…

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Cash Marketable securities Accounts receivable Inventory Accounts payable $400,000 50,000 150,000 200,000 250,000 Determine the (a) working capital (b) current ratio, and (c) quick ratio. Round your answer to one decimal place

Cash Marketable securities Accounts receivable Inventory Accounts payable $400,000 50,000 150,000 200,000 250,000 Determine the (a) working capital (b) current ratio, and (c) quick ratio. Round your answer to one decimal place

Corporate Financial Accounting

14th Edition

ISBN:9781305653535

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter14: Financial Statement Analysis

Section: Chapter Questions

Problem 14.3BE: Current position analysis The following items are reported on a company's balance sheet: Cash...

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Current position analysis The following items are reported on a company's balance sheet: Cash 210,000 Marketable securities 120,000 Accounts receivable (net) 110,000 Inventory 160,000 Accounts payable 200,000 Determine (A) the current ratio and (U) the quick ratio. (Round lo one decimal place.)
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Reference is made to the 2022 Balance Sheet of Tram-Ropes limited.Tram-Ropes Limited Balance Sheet 2022Cash 1,000,000.00 Accounts Payable 8,000,000.00Acc. Receivable 12,000,000.00 Notes Payable 8,500,000.00Marketable securities 3,000,000.00 Long-term Debt 20,000,000.00Inventories 7,500,000.00 Common stock 7,500,000.00Fixed Assets 26,500,000.00 Preferred Stock 6,000,000.00Total Assets 50,000,000.00 Total Liabilities and Equity 50,000,000.00Additional Information:i. The Long-Term debt consists of 8% annual coupon bonds, with15 years to maturity and are currently selling for 95% ofpar.ii. The company’s common shares which have a book value of $20per share are currently selling at $25 per share.PREPARED BY THE CI, MGMT2023 4iii. Preferred shares have a book value of $100 per share. Theseshares are currently selling at $120 per share and paysdividends of 6% per annum on book value.iv. The dividend growth rate is expected to be 3%, and dividendfor 2023 is projected to be $5.00 per…
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