Homework Answers
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Quick assets = Accounts Receivable 35,000 + Cash 25,000 = 35,000 + 25,000 = 60,000 Option B is the answer |
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Privett Company Accounts payable $ 30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets...
16 - 17 and 18 please... Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory...
16 - 17 and 18 please...
Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses $ 40,000 65,000 7,000 30,000 40,000 72,000 110,000 75,000 36,000 30,000 625,000 2,000 16. Based on the above data, what is the amount of quick assets? a. $205,000 b. $203,000 c. $131,000 d. $66,000 17. Based on the above data, what is the amount of working capital? a. $238.000...
Based on the following data for Privett Company, what is the amount of quick assets? Privett...
Based on the following data for Privett Company, what is the amount of quick assets? Privett Company Accounts payable $36,537 Accounts receivable 69,132 Accrued liabilities 6,597 Cash 23,234 Intangible assets 38,408 Inventory 89,428 Long-term investments 119,430 Long-term liabilities 78,929 Marketable securities 36,893 Notes payable (short-term) 28,114 Property, plant, and equipment 695,257 Prepaid expenses 1,856 Select the correct answer O $844,812 O s129,259 O $1,697,907 O 560,127
Accounts payable $36,210 Accounts receivable 68,782 Accrued liabilities 6,125 Cash 23,853 Intangible assets 44,527 Inventory 72,281...
Accounts payable $36,210 Accounts receivable 68,782 Accrued liabilities 6,125 Cash 23,853 Intangible assets 44,527 Inventory 72,281 Long-term investments 118,145 Long-term liabilities 77,377 Marketable securities 35,004 Notes payable (short-term) 28,185 Property, plant, and equipment 615,187 Prepaid expenses 2,760 Based on the above data, what is the amount of working capital? $132,160 $980,539 $612,427 $202,680
Based on the following data for Privett Company, what is the quick ratio, rounded to one...
Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable $32,974 Accounts receivable 66,945 Accrued liabilities 6,765 Cash 20,342 Intangible assets 41,281 Inventory 71,183 Long-term investments 108,643 Long-term liabilities 70,747 Marketable securities 37,577 Notes payable (short-term) 28,460 Property, plant, and equipment 643,301 Prepaid expenses 2,347 Select the correct answer. 1.8 0.8 14.5 2.9
Based on the following data for Privett Company, what is the quick ratio, rounded to one...
Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable $26,285 Accounts receivable 64,265 Accrued liabilities 6,031 Cash 16,705 Intangible assets 42,963 Inventory 75,487 Long-term investments 105,178 Long-term liabilities 72,616 Marketable securities 33,144 Notes payable (short-term) 28,876 Property, plant, and equipment 643,091 Prepaid expenses 2,830 Select the correct answer. 01.9 0.8 3.1 16.1
Based on the following data for Privett Company, what is the amount of working capital? Privett...
Based on the following data for Privett Company, what is the amount of working capital? Privett Company Accounts payable $33,666 Accounts receivable 74,533 Accrued liabilities 6,614 Cash 20,940 Intangible assets 38,935 Inventory 76,403 Long-term investments 94,124 Long-term liabilities 72,792 Marketable securities 32,711 Notes payable (short-term) 29,526 Property, plant, and equipment 683,919 Prepaid expenses 2,618 Select the correct answer $1,024,183 $137,399 $207,205 $128,184
Assets $ Liabilities $ Current Assets Current Liabilities Cash 12,000 Accounts payable 28,500 Cash at bank...
Assets $ Liabilities $ Current Assets Current Liabilities Cash 12,000 Accounts payable 28,500 Cash at bank 7,000 Wages payable 7,000 Accounts receivable 35,000 Taxes payable 12,000 Inventory 30,500 Interest payable 15,000 Prepayments 3,300 Total current assets 87,800 Total current liabilities 62,500 Investments 25,000 Long-Term Liabilities Bank loan 335,000 Notes payable 15,000 Long-term liabilities 350,000 Property, Plant, and Equipment Total Liabilities 412,800 Land and building 156,000 Equipment 1,85,000 Less: Depreciation (63,000) 278,000 Stockholders’ Equity Intangible Assets Common stock 100,000 Goodwill 120,000...
The Young Company has the following assets and liabilities: ASSETS Cash $35,000 Accounts receivable 15,000 Inventory...
The Young Company has the following assets and liabilities: ASSETS Cash $35,000 Accounts receivable 15,000 Inventory 30,000 Equipment 50,000 LIABILITIES Current portion of long-term debt 10,000 Accounts payable 2,000 Long-term debt 25,000 Determine the quick ratio (rounded to one decimal point). 13.0 4.2 6.7 3.5
21. Based on the above data, what is the quick ratio, rounded to one decimal point?...
21. Based on the above data, what is the quick ratio, rounded to one decimal point? a. 2.4 b. 3.4 c. 2.1 d. 1.5 Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 20,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable A...
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable Accounts receivable $28,519 65,314 Accrued liabilities 6,807 Cash 20,490 40,654 Intangible assets Inventory 87,081 Long-term investments 93,374 77,678 Long-term liabilities Marketable securities 30,152 Notes payable (short-term) 24,869 Property, plant, and equipment 617,556 Prepaid expenses 1,595 Based on the data for Harding Company, what is the amount of quick assets? a. $1,506,863 b. $755,279 c. $50,642 d. $115,956
16 - 17 and 18 please...
Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses $ 40,000 65,000 7,000 30,000 40,000 72,000 110,000 75,000 36,000 30,000 625,000 2,000 16. Based on the above data, what is the amount of quick assets? a. $205,000 b. $203,000 c. $131,000 d. $66,000 17. Based on the above data, what is the amount of working capital? a. $238.000...
Based on the following data for Privett Company, what is the amount of quick assets? Privett Company Accounts payable $36,537 Accounts receivable 69,132 Accrued liabilities 6,597 Cash 23,234 Intangible assets 38,408 Inventory 89,428 Long-term investments 119,430 Long-term liabilities 78,929 Marketable securities 36,893 Notes payable (short-term) 28,114 Property, plant, and equipment 695,257 Prepaid expenses 1,856 Select the correct answer O $844,812 O s129,259 O $1,697,907 O 560,127
Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable $26,285 Accounts receivable 64,265 Accrued liabilities 6,031 Cash 16,705 Intangible assets 42,963 Inventory 75,487 Long-term investments 105,178 Long-term liabilities 72,616 Marketable securities 33,144 Notes payable (short-term) 28,876 Property, plant, and equipment 643,091 Prepaid expenses 2,830 Select the correct answer. 01.9 0.8 3.1 16.1
Based on the following data for Privett Company, what is the amount of working capital? Privett Company Accounts payable $33,666 Accounts receivable 74,533 Accrued liabilities 6,614 Cash 20,940 Intangible assets 38,935 Inventory 76,403 Long-term investments 94,124 Long-term liabilities 72,792 Marketable securities 32,711 Notes payable (short-term) 29,526 Property, plant, and equipment 683,919 Prepaid expenses 2,618 Select the correct answer $1,024,183 $137,399 $207,205 $128,184
21. Based on the above data, what is the quick ratio, rounded to one decimal point? a. 2.4 b. 3.4 c. 2.1 d. 1.5 Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 20,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable Accounts receivable $28,519 65,314 Accrued liabilities 6,807 Cash 20,490 40,654 Intangible assets Inventory 87,081 Long-term investments 93,374 77,678 Long-term liabilities Marketable securities 30,152 Notes payable (short-term) 24,869 Property, plant, and equipment 617,556 Prepaid expenses 1,595 Based on the data for Harding Company, what is the amount of quick assets? a. $1,506,863 b. $755,279 c. $50,642 d. $115,956
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