rate positively .. let me know if you need any clarification..
Given that | Camaro | GTO | Torino | |||||||
i | Current asset | 5660 | 3660 | 6750 | ||||||
ii | Inventory | 2300 | 2120 | 3300 | ||||||
iii | Prepaid expense | 400 | 700 | 900 | ||||||
iv=i-ii-iii | Quick asset | 2960 | 840 | 2550 | ||||||
v | Current liabilities | 2320 | 1370 | 3800 | ||||||
Current ratio = i/v | ||||||||||
Numerator | / | Denominator | ||||||||
Current asset | / | Current liabilities | = | Current ratio | ||||||
Camaro | 5660 | / | 2320 | 2.44 | to 1 | |||||
GTO | 3660 | / | 1370 | 2.67 | to 1 | |||||
Torino | 6750 | / | 3800 | 1.78 | to 1 | |||||
Acid test ratio= iv/v | ||||||||||
Numerator | / | Denominator | ||||||||
Quick asset | / | Current liabilities | = | Acid test ratio | ||||||
Camaro | 2960 | / | 2320 | 1.28 | to 1 | |||||
GTO | 840 | / | 1370 | 0.61 | to 1 | |||||
Torino | 2550 | / | 3800 | 0.67 | to 1 |
Camaro $ 2,650 0 310 2,300 400 $ 5,660 $ 2,320 Cash Short-term investments Current receivables...
Torino Camaro GTO Cash $2,200 $1,200 200 Short-term investments 400 Current receivables 800 230 480 Inventory Prepaid expenses 2,100 300 1,960 2,900 900 600 $4,830 $3,240 $6,200 Total current assets $3,400 Current liabilities $2,160 $1,290 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio to 1 Camaro GTO to 1 Torino to 1 Acid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio Acid-test ratio to 1...
Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro $1,900 0 170 1,950 200 $ 4,220 GTO $ 140 0 420 1,840 500 $2,900 Torino $1,000 700 500 2,600 900 $5,700 Current liabilities $2,040 $1,230 $3,100 Current Ratio Choose Denominator: Choose Numerator: = Current Ratio Current ratio to 1 Camaro GTO to 1 Torino to 1 Acid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio Acid-test ratio Camaro to 1 GTO to 1 Torino to 1
compute the current ratio and the acid test ratio for each of
the following seperate cases.
what is missing
Camaro $2,800 GTO $ 310 Torino $1,500 600 450 3,450 590 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities 3 40 2,375 400 $5,915 $2,380 2.180 700 $3,780 $1,400 $6,900 $3,950 Compute the current ratio and acid-test ratio for each of the following separate cases. Choose Numerator: Current Ratio Choose Denominator: = s Camaro GTO Torino...
Camaro GTO Torino Cash $ 2,600 $ 270 $ 1,400 Short-term investments 0 0 600 Current receivables 300 550 700 Inventory 2,275 2,100 3,250 Prepaid expenses 400 700 900 Total current assets $ 5,575 $ 3,620 $ 6,850 Current liabilities $ 2,300 $ 1,360 $ 3,750 Compute the current ratio and acid-test ratio for each of the following separate cases.
Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 Compute the current ratio and acid-test ratio for each of the following separate cases. Torino Camaro GTO $2,850 $1,500 Cash 320 Short-term investments 0 0 400 Current receivables 350 600 500 Inventory Prepaid expenses 2,400 2,200 3,500 400 700 900 $6,000 $3,820 $6,800 Total current assets $2,400 $1,410 $4,000 Current 1iabilities Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio Camaro / to 1 GTO to 1 Torino...
Compute the current ratio and acid-test ratio for each of the following separate cases Torino $ 2,450240 $1,300 400 550 2,200 2,040 3,100 900 6,250 Camaro GTO Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets 520 700 $ 5,220 $ 3,50 270 300 Current liabilities $ 2,240 1,330 3,600 urrent Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio Camaro GTO Torino to 1 cid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio Acid-test ratio Camaro GTO Torino...
compute the current ratio and acid test ratio for each of the
following seperate cases
Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 points Camaro GTO Torino $2,800 $ 310 $1,500 00600 340 590 450 2,375 2,180 3,450 400 700 900 $5,915 $3,780 $6,900 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Skipped $2.380 $1.400 $3.950 eBook Hint Compute the current ratio and acid-test ratio for each of the following separate cases....
Compute the current ratio and acid-test ratio for each of the following separate cases. Camaro $1,950 0 180 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets 1,975 200 $ 4,305 $2,060 GTO $ 150 0 430 1,860 500 $2,940 $1,240 Torino $1,100 600 550 2,650 900 $5,800 $3,150 Current liabilities Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current ratio to 1 maro o to 1 ino to 1 Acid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio...
Camaro GTO Torino Cash $ 1,900 $ 140 $ 1,000 Short-term investments 0 0 700 Current receivables 170 420 500 Inventory 1,950 1,840 2,600 Prepaid expenses 200 500 900 Total current assets $ 4,220 $ 2,900 $ 5,700 Current liabilities $ 2,040 $ 1,230 $ 3,100 Compute the current ratio and acid-test ratio for each of the following separate cases.
Pritchett Co. reported the following year-end data: Cash $20,200 $ 8,600 $11,800 $28,600 $12,000 $29,e00 Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities Compute the (a) current ratio and (b) acid-test ratio Complete this question by entering your answers in the tabs below. Current Ratio AcidlTest Ratio Compute the acid-test ratio. Acid-Test Ratio Choose Denominator Choose Numerator: Acid-Test Ratio Acid-test ratio to 1 <Current Ratio AcTst o