Homework Answers
Add Answer to:
15. Calculate the working capital, current ratio, and quick ratio for 2018 and 20196 with the...
Calculate the current ratio for 209 and 2020 Calculate the quick ratio for 2019 and 2020...
Calculate the current ratio for 209 and 2020
Calculate the quick ratio for 2019 and 2020
Calculate the the cash ratios for 2019 and 2020
Calculate the operating cash flow ratios 2019 2020
September 30 (in thousands) 2020 2019 Current assets: Cash and cash equivalents Receivables Inventories Other current assets $1,274 30,071 31,796 4,818 $67,959 $6,450 16,548 14,072 2,620 $39,690 Total current assets Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation costs Accrued expenses Other current liabilities...
Calculate the current ratio and the quick ratio for the following partial financial statement for Tootsie...
Calculate the current ratio and the quick ratio for the following partial financial statement for Tootsie Roll. (Round your answers to the nearest hundredth.) Assets Liabilities; Current assets: Cash and cash equivalents (Note 1) $ 4,364,190 Investments (Note 1) 32,673,769 Accounts receivable, less allowances of $762,000 and $758,000 16,346,648 Inventories (Note 1 Finished goods and work in progress 12,790,955 Raw materials and supplies 10,415,858 Prepaid expenses 2,177,710 Current liabilities: Notes payable to banks $ 532,221 Accounts payable 6,864,075 Dividends payable...
Effect of Transactions on Working Capital, Current Ratio, and Quick Ratio The following account balances are...
Effect of Transactions on Working Capital, Current Ratio, and Quick Ratio The following account balances are taken from the records of Redon Corp.: Cash Short-term investments Accounts receivable Inventory Prepaid Insurance Accounts payable Taxes payable Salaries and wages payable Short-term loans payable Required: $69,000 58,000 72,000 100,000 10,000 75,000 25,000 40,000 210,000 1. Use the information provided to compute the amount of working capital and Redon's current and quick ratios (round to three decimal points). Use the minus sign to...
c. Calculate the current ratio and quick ratio for 2018. (Round your answers to one decimal...
c. Calculate the current ratio and quick ratio for 2018. (Round your answers to one decimal place.) Current Ratio: 1.5 Quick Ratio: 0 X Preparing Balance Sheets, Computing Income, and Applying the current and Quick Ratios Balance sheet information for Lang Services at the end of 2018 and 2017 is: Accounts Receivable Notes Payable Cash December 31, December 31, 2018 2017 $22,800 $17,500 1,800 1,600 10,000 8,000 32,000 27,000 4,700 4,200 25,000 25,000 Equipment Supplies Accounts Payable Stockholders' Equity ?...
Compute the (1) current ratio and the (2) quick ratio for Nikey, Inc. using the following...
Compute the (1) current ratio and the (2) quick ratio for Nikey, Inc. using the following excerpt from the balance sheet reported in a recent financial statement of Nikey, Inc. At May 31 (in millions) 2020 Current assets Cash and equivalents $6,934 Short-term investments 3,730 Accounts receivable, net 6,044 Inventories 7,807 Deferred income taxes 700 Prepaid expenses and other current assets 3,542 Total current assets $28,757 Current liabilities Current portion of long-term debt $182 Notes payable 126 Accounts payable 3,623...
Determine the effect on the current ratio, quick ratio, net working capital (current assets minus current...
Determine the effect on the current ratio, quick ratio, net working capital (current assets minus current liabilities), the debt ratio (total liabilities to total assets) of each of the following transactions. Consider each transaction seperately and assume that prior to each transaction the current ratio is 1.8x, the quick ratio is 1.5x, and the debt ratio is 75%. Think about what is included in each portion of the ratio. Use "I" for increase, "D" for decrease, and "N" for no...
12 Current Position Analysis The bond indenture for the 10-year, 8% debenture bonds dated January 2,...
12
Current Position Analysis The bond indenture for the 10-year, 8% debenture bonds dated January 2, 2048, required working capital of $200,000, a current ratio of 2.0, and a quick ratio of 1.0 at the end of each calendar year until the bonds mature. At December 31, 2089, the three measures were computed as follows: 1. Current assets: Cash $222,000 Temporary investments 277,500 Accounts receivable (net) 444,000 Inventories 351,500 Prepaid expenses 92,500 Intangible assets 55,500 Property, plant, and equipment 999,000...
Current Position Analysis The following data were taken from the balance sheet of Nilo Company at...
Current Position Analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash $336,300 $244,800 Marketable securities 389,400 275,400 Accounts and notes receivable (net) 159,300 91,800 Inventories 739,900 466,600 Prepaid expenses 381,100 298,400 Total current assets $2,006,000 $1,377,000 Current liabilities: Accounts and notes payable (short-term) $342,200 $357,000 Accrued liabilities 247,800 153,000 Total current liabilities $590,000 $510,000 a. Determine for each year (1) the...
1. calculate current ratio? 2. calculate the quick ratio of this company? 3. 3. part 3...
1. calculate current ratio?
2. calculate the quick ratio of this company?
3.
3.
part 3 is complete in 2 pictures ..
4. what is compro' debt ratio?
5.
6. what is amount of working capital?
7. what does the working capital of company show?
please please solve all 7 part. I really need it.
thanks
[The following information applies to the questions displayed below.) Shown below are selected data from the balance sheet of Compros, a small electronics store...
Effect of Transactions on Current Position Analysis Data pertaining to the current position of Newlan Company...
Effect of Transactions on Current Position Analysis Data pertaining to the current position of Newlan Company are as follows: Cash $284,900 Temporary investments 146,700 Accounts and notes receivable (net) 431,600 Inventories 315,400 Prepaid expenses 16,600 Accounts payable 116,200 Notes payable (short-term) 166,000 Accrued expenses 49,800 Instructions: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round the current ratio and the quick ratio to one decimal place. Working capital $ Current ratio Quick ratio...
Calculate the current ratio for 209 and 2020
Calculate the quick ratio for 2019 and 2020
Calculate the the cash ratios for 2019 and 2020
Calculate the operating cash flow ratios 2019 2020
September 30 (in thousands) 2020 2019 Current assets: Cash and cash equivalents Receivables Inventories Other current assets $1,274 30,071 31,796 4,818 $67,959 $6,450 16,548 14,072 2,620 $39,690 Total current assets Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation costs Accrued expenses Other current liabilities...
Effect of Transactions on Working Capital, Current Ratio, and Quick Ratio The following account balances are taken from the records of Redon Corp.: Cash Short-term investments Accounts receivable Inventory Prepaid Insurance Accounts payable Taxes payable Salaries and wages payable Short-term loans payable Required: $69,000 58,000 72,000 100,000 10,000 75,000 25,000 40,000 210,000 1. Use the information provided to compute the amount of working capital and Redon's current and quick ratios (round to three decimal points). Use the minus sign to...
c. Calculate the current ratio and quick ratio for 2018. (Round your answers to one decimal place.) Current Ratio: 1.5 Quick Ratio: 0 X Preparing Balance Sheets, Computing Income, and Applying the current and Quick Ratios Balance sheet information for Lang Services at the end of 2018 and 2017 is: Accounts Receivable Notes Payable Cash December 31, December 31, 2018 2017 $22,800 $17,500 1,800 1,600 10,000 8,000 32,000 27,000 4,700 4,200 25,000 25,000 Equipment Supplies Accounts Payable Stockholders' Equity ?...
Compute the (1) current ratio and the (2) quick ratio for Nikey, Inc. using the following excerpt from the balance sheet reported in a recent financial statement of Nikey, Inc. At May 31 (in millions) 2020 Current assets Cash and equivalents $6,934 Short-term investments 3,730 Accounts receivable, net 6,044 Inventories 7,807 Deferred income taxes 700 Prepaid expenses and other current assets 3,542 Total current assets $28,757 Current liabilities Current portion of long-term debt $182 Notes payable 126 Accounts payable 3,623...
12
Current Position Analysis The bond indenture for the 10-year, 8% debenture bonds dated January 2, 2048, required working capital of $200,000, a current ratio of 2.0, and a quick ratio of 1.0 at the end of each calendar year until the bonds mature. At December 31, 2089, the three measures were computed as follows: 1. Current assets: Cash $222,000 Temporary investments 277,500 Accounts receivable (net) 444,000 Inventories 351,500 Prepaid expenses 92,500 Intangible assets 55,500 Property, plant, and equipment 999,000...
1. calculate current ratio?
2. calculate the quick ratio of this company?
3.
3.
part 3 is complete in 2 pictures ..
4. what is compro' debt ratio?
5.
6. what is amount of working capital?
7. what does the working capital of company show?
please please solve all 7 part. I really need it.
thanks
[The following information applies to the questions displayed below.) Shown below are selected data from the balance sheet of Compros, a small electronics store...
Most questions answered within 3 hours.
-
Regarding language development, which of the following
statements is FALSE?
Babies are able to cry from...
asked 13 seconds from now -
A machine shop owner wishes to assign each of three machinists
(labeled 1, 2, and 3)...
asked 21 seconds ago -
Slow 'n Steady, Inc., has a stock price of $30, will pay a
dividend next year...
asked 1 minute ago -
PLEASE SHOW MATH CALCULATION(formulas)it has to be done on excel
P12-4 Last year (2016), Richter Condos...
asked 5 minutes ago -
A 0.25μF capacitor is charged to 50 V . It is then connected in
series with...
asked 22 minutes ago -
Calculate the current, I, through the batteries for:
- a 2-bulb parallel circuit
- How does...
asked 23 minutes ago -
Choose the sentence that uses correct punctuation.
1a. The prefatory parts of a report include the...
asked 29 minutes ago -
For the element arsenic, which one of the following sets of
quantum numbers could not apply...
asked 39 minutes ago -
Compare and contrast the architectures of 3 types of ADCs:
Flash, SAR, and pipelined. Use the...
asked 40 minutes ago -
Given P(A) = 0.40, P(B) = 0.50, P(A ∩ B) = 0.15. Which of the
following...
asked 44 minutes ago -
Explain changes in workforce participation for women with
children. What legislation exists related to work and...
asked 46 minutes ago -
How high must a pointed arch be if it is to span a
space 4.2 m...
asked 51 minutes ago