Matie's Plavground Equipment has current assets of $125,400 and current liabilites of $74,950. Find the current ratio. (Round to the nearest hundredth) O0.60:1 O 0.74:1 1.04:1 1.67:1
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- The total current asset is 45%, total liability is 60%,Toatal equity is ₱300,000. How much is the total noncurrent assets? Show solutions.SDJ Inc., has net working capital of $1165, current liabilities of $6,775 and inventory of $1185 a What is the current ratio? b What is the quick ratio? (do not round intermediate calculations and round your answer to 2 decimal placesSDJ, Inc., has net working capital of $3,550, current liabilities of $5140, and inventory of $4,690. What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.
- A company’s quick assets are $37,500, its current assets are $80,000, and its current liabilities are $50,000. Its acid-test ratio equals a. 1.600. c. 0.625. e. 0.469. b. 0.750. d. 1.333.Ticks Inc. has a total asset balance composed of 30% current and 70% non-current. The total amount of liabilities that will due within one year is P1,200,000 and it accounts for the 40% of all the liabilities of the company. If the equity ratio of Ticks Inc. is 75%, how much is the total assets of the company?Watkins Inc. has the following assets at the end of Year One: Cash, $400; Inventory, $730; Prepaid Rent, $460; Equipment (net book value), $4,000. Watkins also has the following liabilities at the end of Year One: Accounts Payable, $560; Rent Payable, $200; Note Payable, due on June 1, Year Four, $3,500. At the end of Year One, what is Watkins’s current ratio? Responses 1.49 to 1.0 1.31 to 1.0 2.09 to 1.0 1.14 to 1.00
- Garry Co. has a current ratio of 8:1 and a quick acid test ratio of 6. Current assets are P360,000. How much are thenon-quick asset?Reynoso Manufacturing has a current ratio of 1.42:1 and current assets of $643 million. What are their current liabilities? O $913.1 million $381.4 million O $643 million O $452.8 millionSDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of $1,250. Requirement 1: What is the current ratio? (Round your answer to 2 decimal places (e.g., 3.16).) Current ratio times Requirement 2: What is the quick ratio? (Round your answer to 2 decimal places (e.g., 3.16).) Quick ratio times
- The Copper Grill has the following current assets: cash, $11 million; receivables, $47 million; inventory, $43 million; and other current assets $3 million. The Copper Grill has the following liabilities: accounts payable, $38 million; current portion of long-term debt, $5 million; and long-term debt, $11 million.Based on these amounts, calculate the current ratio and the acid-test ratio for The Copper Grill. (Round your answers to 2 decimal places.) The Copper Grill Current ratio Acid-test ratioBarry Co. has a net monetary assets of P75,000 with an quick acid test ration of 1.25. Inventories are P165,000. What is the current Ratio?The liabilities of Ganern Stylist equal one-third of the total assets, and the owner’s equity is P480,000. What is the amount of the liabilities?
