If current assets are $112,000 and current liabilities are $56,000, what is the current ratio?A. 200 percentB. 50 percentC. 2.0D. $50,000
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If current assets are $112,000 and current liabilities are $56,000, what is the
A. 200 percent
B. 50 percent
C. 2.0
D. $50,000
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- Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels current ratio? a. 3 c. 1 b. 2 d. 0.5If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A. 200 percent B. 50 percent C. 2.0 D. $58,000If current assets are 112,000 and current liabilities are 56,000.00 what is the current ratio?
- Calculate the current ratio in each of the following separate cases. Current Assets Current Liabilities Case 1 $ 75,000 $ 30,000 Case 2 $161,500 $ 85,000 Case 3 $ 45,000 $ 53,000 Case 4 $132,000 $127,000 Case 5 $ 99,000 $110,000Expressed as a percentage, what would be a company's current ratio if net fixed assets are Ph1,230,000; current assets, P368,400; current liabilities, Ph120,00 and other liabilities, Ph65,000 a. 307% b. 450% c. 603% d. 860%The following information is available from the annualreport of Frixell, Inc.: Currentliabilities . . . . $300,000Operatingincome . . . . . 240,000Net income . . . . 80,000 Currentassets . . . . $ 480,000Average totalassets . . . . 2,000,000Average totalequity . . . . 800,000Which of the following statements are correct? (More thanone statement may be correct.)a. The return on equity exceeds the return on assets.b. The current ratio is 0.625 to 1.
- Total assets are $12.0 million, with $4.0 million being long-term assets. Current liabilitiesare $2.5 million and total liabilities are $6.5 million. The current ratio would be closest to:a. 1.6.b. 1.8.c. 3.2.d. 4.8.Using the following facts to calculate the Current Ratio, and the Debt Ratio: Ending Total Assets = $705,000; Ending Total Liabilities = $360,000; Ending Current Assets = $295,000; and Long Term Liabilities = $210,000Given an acid-test ratio of 2.0, current assets of Ph5,000 and inventory of Ph2,000, the value of current liabilities is a. Ph1,500 b. Ph 2,500 c. Ph 3,500 d. Ph6,000
- If your total assets equal $50,000 and your total liabilities equal $15,000; your debt ratio is Group of answer choices 233%. 143%. 30%. 70%. 333%.If Assets is 60,000= Liabilities is (5,000) then should it be 55,000The total current asset is 45%, total liability is 60%,Toatal equity is ₱300,000. How much is the total noncurrent assets? Show solutions.
