Homework Answers
| Particulars |
Amount (in $ millions ) |
| Cash | $ 9 |
| Accounts receivable | $ 19.7 |
| Inventory | $ 18 |
| Other current assets | $ 11.80 |
| Total Current assets | $ 58.50 |
|
Working Capital = Total Current Assets (-) Total Current Liabilities = $ 58.50 (-) $ 26 |
$ 32.5 |
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These selected condensed data are taken from a recent balance sheet of Sheridan Company (in millions...
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...
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...
Your answer is incorrect. Suppose the following selected condensed data are taken from a recent balance...
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Time: 09:00 PM Brief Exercise 2-05 Suppose the following selected condensed data are taken from a...
Time: 09:00 PM Brief Exercise 2-05 Suppose the following selected condensed data are taken from a recent balan $ 31.2 21.1 Cash Accounts receivable Inventory Other current assets 28.2 25.9 Total current assets Total current liabilities $106.4 $190.0 Compute working capital and the current ratio. (For working capital, ente parentheses e.g. (15.2). Round current ratio to 2 decimal places, e.g. Working capital $
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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...
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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:
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...
D Question 7 1.5 pts These selected condensed data are taken from a recent balance sheet of Jane Gray's Farms (in millions of dollars). $29.3 Cash Accounts receivable Inventory Other current assets Total current assets Total current liabilities 20.5 28.7 24.0 $102.5 $201.2 What is Jane's working capital? Round answer to 1 decimal place. If the answer is NEGATIVE, please input with a negative sign Instead of with brackets (). D Question 2 2 pts DA If total assets decreased...
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...
Time: 09:00 PM Brief Exercise 2-05 Suppose the following selected condensed data are taken from a recent balan $ 31.2 21.1 Cash Accounts receivable Inventory Other current assets 28.2 25.9 Total current assets Total current liabilities $106.4 $190.0 Compute working capital and the current ratio. (For working capital, ente parentheses e.g. (15.2). Round current ratio to 2 decimal places, e.g. Working capital $
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
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:
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