Still having problems with this. Requirements1.Calculate Spirit of South Dakota Logistics' current ratio.2.How much in current assets does Spirit of South Dakota Logistics have for every dollar of current liabilities that it owes?Requirement 1. Calculate Spirit of South Dakota Logistics' current ratio. (Round your answer to two decimal places, XXX)Current ratio Notes Payable, long-term9,000Accounts Payable3,5001,900Accounts Receivable6,200Prepaid Rent1.600Cash3400Salaries Payable1,800Depreciation Expense-Equip.Equipment12.500Service Revenue20,0001,100Office Supplies4,0006.000Common StockAccumulated Depreciation-Equip.1.600600Rent ExpenseAdvertising ExpensePnntDone%24%24

Ratio analysis means where different ratio of various years of years companies has been compared and…

Requirements Calculate Spirit of South Dakota Logistics' current ratio. 1. 2. How much in current assets does Spirit of South Dakota Logistics have for every dollar of current liabilities that it owes? Requirement 1. Calculate Spirit of South Dakota Logistics' current ratio. (Round your answer to two decimal places, XXX.) Current ratio !3!

Requirements Calculate Spirit of South Dakota Logistics' current ratio. 1. 2. How much in current assets does Spirit of South Dakota Logistics have for every dollar of current liabilities that it owes? Requirement 1. Calculate Spirit of South Dakota Logistics' current ratio. (Round your answer to two decimal places, XXX.) Current ratio !3!

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 80BPSB: Ratio Analysis Consider the following information taken from Chicago Water Slides (CWSs) financial...

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Ratio Analysis Consider the following information taken from Chicago Water Slides (CWSs) financial statements: Also, CWSs operating cash flows were $25,658 and $29,748 in 2019 and 2018, respectively. Note: Round all answers to two decimal places. Required: 1. Calculate the current ratios for 2019 and 2018. 2. Calculate the quick ratios for 2019 and 2018. 3. Calculate the cash ratios for 2019 and 2018. 4. Calculate the operating cash flow ratios for 2019 and 2018. 5. CONCEPTUAL CONNECTION Provide some reasons why CWSs liquidity may be considered to be improving and some reasons why it may be worsening.
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Mf3. : An entity took UAH 100,000 loan for 5 at 26% of annual interest rate. Interests are paid annually. A bank is using annuity due scheme. Interest revenue for a bank in period 1 is: An entity took UAH 100,000 loan for 5 at 26% of annual interest rate. Interests are paid annually. A bank is using annuity due scheme. Principal, paid in the fourth period, is: Outstanding loan amount is USD 17,000.00. Annuity is USD 4,315.27, interest rate is 18%. The amount of principal, paid in the given period is: Outstanding loan amount is USD 22,000.00. Annual interest rate is 11%. Interest is paid at the end of each year. In the given period bank received USD 4,300.00 of principal payment. The annuity amount is:
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