5. 5. The current ratio measures: A) The ability of a company to quickly sell its...
5.
5. The current ratio measures:
A) The ability of a company to quickly sell its inventory to customers.
B) The amount of profits retained in the business.
C) The ability of a company to quickly collect cash from customers.
D) The ability of a company to pay its current obligations.
Homework Answers
| Option D is the answer | ||
|
Current Ratio = Current assets/Current liabilities Current Ratio is a liquidity ratio which measures the company's ability to meet is current payment obligations with its current assets |
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5.
5. The current ratio measures:
A) The ability of a company to quickly sell its...
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The Current Ratio assesses a company's ability to pay its debts in the near term and...
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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
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13. Which of the following best describes liquidity? A. The ability to increase the value of retained earnings B. The ability to pay the debts of the company as they become due C. Being able to buy everything the company requires for cash. D. Purchasing everything the company requires on credit. 14. Profitability may be defined as: A. The ability to pay the debts of the company as they fall due. B. The ability to increase retained earnings. C. Distributing...
The Current Ratio assesses a company's ability to pay its debts in the near term and is expressed as current assets / current liabilities. Given the following information, what is Bell Company's current ratio? Cash 5,000 Supplies 3,000 Accounts Receivable 12,000 Land 40,000 Accounts Payable 2,000 Unearned Service Revenue 3,000 Long-Term Debt 15,000 Service Revenue 10,000 a. 1.0 Time b. 3.0 Times C. 4.0 Times d. 8.0 Times
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...
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