Homework Answers
rate positively ..
| Current ratio = Current asset/Current liabilities | ||
| current asset = | 346100 | |
| 37500+90000+85500+121000+12100 | ||
| Current liabilities= | 113600 | |
| Current ratio = | 3.05 | |
| ans = | 3.05 | |
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nicht3-17 0 Kansas Company has provided you with financial information from the balance sheet and income...
Refer to the following selected financial information from Texas Electronics. Compute the company's current ratio for...
Refer to the following selected financial information from Texas Electronics. Compute the company's current ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,500 $ 36,850 90,000 90,000 85,500 86,250 121,000 117,000 12,100 13,500 388,000 392,000 113,400 111,750 711,000 706,000 390,000 385,500 Multiple Choice 1.88 3.05 2.26
Refer to the following selected financial information from Texas Electronics Compute the company's working capital for...
Refer to the following selected financial information from Texas Electronics Compute the company's working capital for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,500 $ 36,850 90,000 90,000 85,500 86,250 121,000 117,000 12,100 13,500 388,000 392,000 113,400 111,750 711,000 706,000 390,090 385,500 ο $232,700. ο $220,600. ο $147,200. ο $111,700. ο $142,700.
pls help? Refer to the following selected financial information from Texas Electronics Compute the company's accounts...
pls help?
Refer to the following selected financial information from Texas Electronics Compute the company's accounts receivable turnover for Year 2 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,500 $ 36,850 90,000 90,000 85,500 86,250 121,800 117,899 12,129 13,500 388,000 392,000 113,400 111,750 711,eee 706, eee 390, 385,500 Multiple Choice 8.28 100 8.62 o 828. o 8.62 o 790. o 5.78. o...
Refer to the following selected financial information from Texas Electronics. Compute the company's current ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,500 $ 36,850 90,000 90,000 85,500 86,250 121,000 117,000 12,100 13,500 388,000 392,000 113,400 111,750 711,000 706,000 390,000 385,500 Multiple Choice 1.88 3.05 2.26
Refer to the following selected financial information from Texas Electronics Compute the company's working capital for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,500 $ 36,850 90,000 90,000 85,500 86,250 121,000 117,000 12,100 13,500 388,000 392,000 113,400 111,750 711,000 706,000 390,090 385,500 ο $232,700. ο $220,600. ο $147,200. ο $111,700. ο $142,700.
pls help?
Refer to the following selected financial information from Texas Electronics Compute the company's accounts receivable turnover for Year 2 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,500 $ 36,850 90,000 90,000 85,500 86,250 121,800 117,899 12,129 13,500 388,000 392,000 113,400 111,750 711,eee 706, eee 390, 385,500 Multiple Choice 8.28 100 8.62 o 828. o 8.62 o 790. o 5.78. o...
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