Current ratio questions and answers
Web1 Question 1: Current ratio: what it is trying to do. The current ratio divides current liabilities by current assets. 2 Question 2: Current ratio: what it is trying to do. The … WebApr 5, 2024 · Cash Ratio = ( Cash + Marketable Securities ) ÷ Current Liabilities. Measures the ability of a company to pay its current liabilities using cash and marketable securities. Marketable securities are short …
Current ratio questions and answers
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WebSep 29, 2024 · (f) One ratios reflect both quantitative and qualitative aspects. Answer False DO IT YOURSELF I Question 1. Current ratio =4.5:1,quick ratio =3:1, Inventory is Rs.36,000. Calculate the current assets and current liabilities. Question 2. Current liabilities of a company are ? 5,60,000 current ratio is 5 : 2 and quick ratio is 2 : 1.
WebA: The average EBITDA multiple for comparable firm is 10.48. If Helix anticipates earning $10 Million…. Q: Consider a 7.5%, $145,000, 25-year mortgage loan with 1/2% origination fee, 3/4 of a point, $550…. A: Annual percentage rate (APR) refers to the rate that is charged on the loan on an annual basis. APR…. WebDec 17, 2024 · The current ratio divides current assets by current liabilities. The quick ratio divides cash and cash equivalents by current liabilities. The current ratio includes accounts like...
WebBegin by selecting the formula to compute the current ratio. Current ratio = Total current assets ÷ Total current liabilities Part 2 Now, compute the current Question content area bottom Part 1 Requirement 1a. Compute the current ratios for 2024 and 2024. WebTranscribed Image Text: Based on the table below, calculate the current ratio. Detail Amount (RM '000.00) Cash equivalents 34 Inventories 12 Investment 10 Borrowing 10 …
WebBusiness Accounting Exercise 5-14 Computing and analyzing acid-test and current ratios LO A1 Case X Case Y %24 Case z $1,300 700 Cash Short-term investments Current receivables Inventory Prepaid expenses $ 2,550 260 290 540 650 2,250 400 2,080 3,200 900 700 Total current assets $ 5,490 $ 3,580 $ 6,750 Current liabilities $ 2,280 $ 1,350 …
WebCurrent ratio = Total current assets + Total current liabilities Now, compute the current ratios for 2024 and 2024. (Round your answers to two decimal places, X.XX.) Х Current ratio 2024 1.62 2024 1.56 … corner house nairobiWebA: Quick ratio = (cash+ Accounts receivable) /current liabilities. Q: ad cash of $11,600, receivables of $48,900, inventory of $37,900 and prepaid expenses totaling…. A: Acid-test ratio: This ratio shows the times of current assets excluding inventory and prepaid…. Q: Presented below is information for Novak Depot for 2024. fannings easleyWeb27 minutes ago · Thanks for contributing an answer to Stack Overflow! Please be sure to answer the question. Provide details and share your research! But avoid … Asking for help, clarification, or responding to other answers. Making statements based on opinion; back them up with references or personal experience. To learn more, see our tips on writing … cornerhouse network hullWebJan 15, 2024 · The value of the current ratio is calculated by dividing current assets by current liabilities. More precisely, the general formula for the current ratio is: current_ratio = current assets / current_liabilities. … fanning school st louis moWebFinance questions and answers; 1. Calculate Ramakrishnan, Inc.’s current ratio for 2024 and 2024. (Round your answers to 2 decimal places.) 2. Calculate Ramakrishnan, Inc.’s quick ratio for 2024 and 2024. (Round your answers to 2 decimal; Question: 1. Calculate Ramakrishnan, Inc.’s current ratio for 2024 and 2024. fanning screamWebMar 2, 2024 · Current Ratio = Current Assets / Current Liabilities. Example of the Current Ratio Formula. If a business holds: Cash = $15 million; Marketable … fanning septicWebDec 17, 2024 · Based on the figures called out above, Walmart's current ratios and quick ratios for 2024 and 2024 (for the reporting period as of the balance sheet above) were: … fanning self emote ff14