Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans...
Suppose the following selected condensed data are taken from a
recent balance sheet of Bob Evans Farms (in
millions of dollars).
|
Cash |
$ 31.1 | |
|---|---|---|
|
Accounts receivable |
19.3 | |
|
Inventory |
26.8 | |
|
Other current assets |
17.3 |
|
|
Total current assets |
$94.5 | |
|
Total current liabilities |
$210.0 |
Compute working capital and the current ratio. (For
working capital, enter answer in millions. If answer is negative
enter it with a negative sign preceding the number e.g. -15.2 or in
parentheses e.g. (15.2). Round current ratio to 2 decimal places,
e.g. 0.78 : 1.)
|
Working capital |
$enter working capital in millions of dollars | ||
|---|---|---|---|
|
Current ratio |
enter a current ratio rounded to 2 decimal places | :1 |
Homework Answers
Add Answer to:
Suppose the following selected condensed data are taken from a
recent balance sheet of Bob Evans...
Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans...
Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash $ 31.8 Accounts receivable 21.8 Inventory 27.9 Other current assets 24.0 Total current assets $105.5 Total current liabilities $191.8 Compute working capital and the current ratio. (For working capital, enter answer in millions. If answer is negative enter it with a negative sign preceding the number e.g. -15.2 or in parentheses e.g. (15.2). Round Current Ratio to 2...
m/eduge fr.uni gnment Question 11 Suppose the following selected condensed data are taken from a recent...
m/eduge fr.uni gnment Question 11 Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars) Accounts receivable Inventory Other current assets Total current assets Total current liabilities $30.0 19.0 27.0 24.0 $100.0 Compute workding capital and the current ratio. (For working caphisi, enter answer in milions. If ansver is negative enter it with a negative sign preceding the number e.g.-15.2 or in parentheses e.g. (15.2). Round Current Ratio to...
Your answer is incorrect. Suppose the following selected condensed data are taken from a recent balance...
Your answer is incorrect. Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash Accounts receivable Inventory Other current assets Total current assets Total current liabilities $31.5 21.6 27.5 23.0 $103.6 $191.9 Compute working capital and the current ratio. (if answer is negative enter it with a negative sign preceding the number eg -15,000 or in parentheses es (15,0001. Round Working capitals Current ratio Solution Art Type here...
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in...
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $13,400 $9,900 Accounts receivable 24,000 19,800 Inventory 30,800 30,700 Other current assets 11,800 11,909 Total current assets $80,000 $72,309 Total current liabilities $262,500 $301,600 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) Current Ratio 2022 = Current Ratio 2021 =
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in...
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2020 2019 Cash $13,908 $7,281 Accounts receivable 21,125 18,472 Inventory 28,429 29,838 Other current assets 11,806 11,729 Total current assets $75,268 $67,320 Total current liabilities $242,800 $306,000 (a1) Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 0.15.) 2020 2019 Current ratio : 1 : 1
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in...
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 2016 $12,000 $10,800 Cash Accounts receivable 22,100 20,400 Inventory 31,800 30,800 Other current assets 12,600 11,909 Total current assets $78,500 $73,909 Total current liabilities $277,500 $312,600 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) 2017 2016 Current ratio: :1 :1 eTextbook and Media
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in...
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 2016 Cash $13,400 $9,800 Accounts receivable 23,100 20,100 Inventory 30,600 30,600 Other current assets 12,800 11,909 Total current assets $79,900 $72,409 Total current liabilities $250,000 $315,600 Compute the current ratio for each year. (Round answers to 2 decimal places, s. 2.12.) 2017 2016 Current ratio:
Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob...
Brief Exercise 13-10
Suppose these selected condensed data are taken from recent
balance sheets of Bob Evans Farms (in
thousands).
2022
2021
Cash
$13,100
$10,800
Accounts receivable
23,800
20,200
Inventory
30,200
30,800
Other current assets
11,500
11,909
Total current assets
$78,600
$73,709
Total current liabilities
$228,500
$299,600
Compute the current ratio for each year. (Round answers
to 2 decimal places, e.g. 2.12.)
2022
2021
Current ratio:
enter the current ratio for year 2017 rounded to 2 demical
places
:1
enter...
Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob...
Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 Cash Accounts receivable Inventory Other current assets $13,100 22,400 30,600 12,700 2016 $9,200 20,000 30,700 11,909 $71,809 $310,100 $78,800 Total current assets Total current liabilities $275,500 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) 2017 2016 Current ratio:
2021 Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of...
2021 Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 Cash $12,100 $10,800 Accounts receivable 24,000 20,400 Inventory 30,700 30,700 Other current assets 13,200 11,909 Total current assets $80,000 $73,809 Total current liabilities $232,000 $338,600 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) 2022 Current ratio:
m/eduge fr.uni gnment Question 11 Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars) Accounts receivable Inventory Other current assets Total current assets Total current liabilities $30.0 19.0 27.0 24.0 $100.0 Compute workding capital and the current ratio. (For working caphisi, enter answer in milions. If ansver is negative enter it with a negative sign preceding the number e.g.-15.2 or in parentheses e.g. (15.2). Round Current Ratio to...
Your answer is incorrect. Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash Accounts receivable Inventory Other current assets Total current assets Total current liabilities $31.5 21.6 27.5 23.0 $103.6 $191.9 Compute working capital and the current ratio. (if answer is negative enter it with a negative sign preceding the number eg -15,000 or in parentheses es (15,0001. Round Working capitals Current ratio Solution Art Type here...
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 2016 $12,000 $10,800 Cash Accounts receivable 22,100 20,400 Inventory 31,800 30,800 Other current assets 12,600 11,909 Total current assets $78,500 $73,909 Total current liabilities $277,500 $312,600 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) 2017 2016 Current ratio: :1 :1 eTextbook and Media
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 2016 Cash $13,400 $9,800 Accounts receivable 23,100 20,100 Inventory 30,600 30,600 Other current assets 12,800 11,909 Total current assets $79,900 $72,409 Total current liabilities $250,000 $315,600 Compute the current ratio for each year. (Round answers to 2 decimal places, s. 2.12.) 2017 2016 Current ratio:
Brief Exercise 13-10
Suppose these selected condensed data are taken from recent
balance sheets of Bob Evans Farms (in
thousands).
2022
2021
Cash
$13,100
$10,800
Accounts receivable
23,800
20,200
Inventory
30,200
30,800
Other current assets
11,500
11,909
Total current assets
$78,600
$73,709
Total current liabilities
$228,500
$299,600
Compute the current ratio for each year. (Round answers
to 2 decimal places, e.g. 2.12.)
2022
2021
Current ratio:
enter the current ratio for year 2017 rounded to 2 demical
places
:1
enter...
Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 Cash Accounts receivable Inventory Other current assets $13,100 22,400 30,600 12,700 2016 $9,200 20,000 30,700 11,909 $71,809 $310,100 $78,800 Total current assets Total current liabilities $275,500 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) 2017 2016 Current ratio:
2021 Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 Cash $12,100 $10,800 Accounts receivable 24,000 20,400 Inventory 30,700 30,700 Other current assets 13,200 11,909 Total current assets $80,000 $73,809 Total current liabilities $232,000 $338,600 Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) 2022 Current ratio:
Most questions answered within 3 hours.
-
The blues made its way into many kinds of music. Eric Clapton,
The Beatles, and Elvis...
asked 52 minutes ago -
If you’re standing at the bottom of a hill and asked to evaluate
it while being...
asked 1 hour ago -
1. Which region has taken the lead in the world of
e-waste handling?
a) European Union...
asked 1 hour ago -
A 8.15- g bullet from a 9-mm pistol has a velocity of 366.0 m/s.
It strikes...
asked 3 hours ago -
The outstanding bonds of Alpha Extracts have a yield to maturity
of 7.4 percent and a...
asked 3 hours ago -
The Problem: The Case of the Harmonizing Vacations
Your CEO is exploring partnering with a European...
asked 4 hours ago -
A chemical equation is balanced by adding coefficients in front
of some formulas so that the...
asked 4 hours ago -
From the literature (reference your sources): What are the
lattice parameters of calcite and aragonite? Why...
asked 5 hours ago -
Your system is rejecting the question am asking which is
preceded by a case study. It...
asked 5 hours ago -
3. On January 2, 2000, Larry creates a trust with himself as
trustee. Larry as trustee...
asked 5 hours ago -
A member of the volleyball team spikes the ball. During this
process, she changes the velocity...
asked 5 hours ago -
Are adult gamers less likely to use a gaming console (Xbox,
PlayStation, Wii, etc...) than teen...
asked 6 hours ago