Correct answer-----$21000
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Working Capital = |
Current Assets-Current Liabilities |
|
Working Capital = |
($ 69000-$ 48000) |
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Working Capital = |
$ 21,000.00 |
What is the net working capital for a company with current assets of $69,000, quick assets...
What is the net working capital for a company with current assets of $66,000, quick assets of $34,000 total assets of $170,000, current liabilities of $50,000 and net sales of S84,000? OA. OB. OC. OD. $54,000 $50,000 $100,000 $16,000
Transic Corporation has the following financial data for 2016 and 2017. 2017 2016 ASSETS Current Assets: Cash $ 48,000 $ 14,000 Marketable Securities 9,000 13,000 Accounts Receivable 35,000 24,000 Other Current Assets 15,000 18,000 Total Current Assets 107,000 69,000 Fixed Assets (net) 140,000 130,000 Total Assets $247,000 $199,000 LIABILITIES Current Liabilities $ 72,000 $ 52,000 Long-term Liabilities 50,000 37,000 Total Liabilities $122,000 $ 89,000 Total Stockholders' Equity $125,000 $110,000 Total Liabilities And Stockholders' Equity $247,000 $199,000 What is Transic's working...
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...
Based on the following information, compute the (1) current ratio and (2) working capital. Current assets $200,000 Total assets 900,000 Current liabilities 80,000 Total liabilities 500,000 (1) Current Ratio (2) Working Capital Ranger Corporation reports the following amounts in their 2015 financial statements: At December 31, 2015 For the Year 2015 Total assets $2,000,000 Total liabilities 1,310,000 Total stockholders’ equity ? Interest expense $25,000 Income tax expense 130,000 Net income 150,000 Instructions Compute the December 31,...
SDJ, Inc., has net working capital of $2,710, current liabilities of $3,950, and inventory of $3,420. What is the current ratio? What is the quick ratio? Net working capital $ Current liabilities $ Inventory $ 2,710 3,950 3,420 Complete the following analysis. Do not hard code values in your calculations. Current assets Current ratio Quick ratio
16 Quick assets divided by current liabilities is the: Multiple Choice Acid-test ratio. Current ratio. Working capital ratio. Current liability turnover ratio. Quick asset turnover ratio. 17 Net sales divided by Average accounts receivable, net is the: Multiple Choice Days' sales uncollected. Average accounts receivable ratio. Current ratio. Profit margin. Accounts receivable turnover ratio. 18 Dividing Accounts receivable, net by Net sales and multiplying the result by 365 is the: Multiple Choice Profit margin. Days' sales uncollected. Accounts receivable turnover...
The balance sheet of XYZ Company is shown below. What is the Net Working Capital for the company? ASSETS LIABILITIES & OWNERS’ EQUITY Current assets $ 300 Current liabilities $ 240 Net fixed assets 1,500 Long-term debt 700 Owners’ equity 860 Total assets $ 1,800 Total liabilities and equity $ 1,800 Multiple Choice $180 $1,800 $1,560 $860 $60
A firm has net working capital of $410, net fixed assets of $2,156, sales of $5,200, and current liabilities of $720. How many dollars worth of sales are generated from every $1 in total assets?
please help me with the excel formula for the quick
ratio.
SDJ, Inc., has net working capital of $2,710, current liabilities of $3,950, and inventory of $3,420. What is the current ratio? What is the quick ratio? A Net working capital $ Current liabilities $ Inventory $ A 2,710 3,950 3,420 Complete the following analysis. Do not hard code values in your answer Current assets $ 6,660 Current ratio 1.69 Quick ratio
1- which one of the following is not included in net working capital? A) account receivable , B) retained earnings, C) cash and cash equivalent , D) prepaid expenses, E) Account payable. 2- Depreciation does which one of the following for a profitable firm? A) has no effect on net income, B) decrease net working capital, C) decrease net income, D) increase net income, E) increase taxes 3- a firm has a current ratio 0.9, given this you know for...