| The top part of Ramakrishnan, Inc,’s 2015 and 2014 balance sheets is listed below (in millions of dollars). |
| 2015 | 2014 | 2015 | 2014 | |||||||||||||
| Current assets: | Current liabilities: | |||||||||||||||
| Cash and marketable securities | $ | 42 | $ | 33 | Accrued wages and taxes | $ | 36 | $ | 35 | |||||||
| Accounts receivable | 147 | 132 | Accounts payable | 91 | 80 | |||||||||||
| Inventory | 210 | 191 | Notes payable | 72 | 64 | |||||||||||
| Total | $ | 399 | $ | 356 | Total | $ | 199 | $ | 179 | |||||||
|
Calculate Ramakrishnan, Inc.’s current ratio for 2015 and 2014. (Round your answers to 2 decimal places.) |
| Current ratio | |
| 2015 | times |
| 2014 | times |
|
Calculate Ramakrishnan, Inc.’s quick ratio for 2015 and 2014. (Round your answers to 2 decimal places.) |
| Quick ratio | |
| 2015 | times |
| 2014 | times |
|
Calculate Ramakrishnan, Inc.’s cash ratio for 2015 and 2014. (Round your answers to 2 decimal places.) |
| Cash ratio | |
| 2015 | times |
| 2014 | times |
|
Calculate Ramakrishnan, Inc.’s current ratio for 2015 and 2014. (Round your answers to 2 decimal places.) |
| Current ratio | |
| 2015 | 399/199 = 2.01 times |
| 2014 | 356/179 = 1.99 times |
|
Calculate Ramakrishnan, Inc.’s quick ratio for 2015 and 2014. (Round your answers to 2 decimal places.) |
| Quick ratio | |
| 2015 | 189/199 = 0.95 times |
| 2014 | 165/179 = 0.92 times |
|
Calculate Ramakrishnan, Inc.’s cash ratio for 2015 and 2014. (Round your answers to 2 decimal places.) |
| Cash ratio | |
| 2015 | 42/199 = 0.21 times |
| 2014 | 33/179 = 0.18 times |
The top part of Ramakrishnan, Inc,’s 2015 and 2014 balance sheets is listed below (in millions...
The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 2018 2017 Current assets: Current liabilities: Cash and marketable securities 34 25 Accrued wages and taxes 32 31 87 76 68 $195 $175 Accounts receivable Inventory 143 128 187 $383 $348 Accounts payable Notes payable 206 76 Total Total Calculate Ramakrishnan, Inc.'s current ratio for 2018 and 2017. (Round your answers to 2 decimal places.) Current ratio 2018 times 2017...
The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020 2021 2020 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 62 157 220 $439 $ 53 142 201 $396 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 46 101 1 62 $209 $ 45 90 54 $189 Calculate Ramakrishnan, Inc.'s current ratio for 2021 and 2020. (Round your answers to 2 decimal places.)...
The top part of Ramakrishnan, Inc.’s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 2018 2017 Current assets: Current liabilities: Cash and marketable securities $ 56 $ 47 Accrued wages and taxes $ 43 $ 42 Accounts receivable 154 139 Accounts payable 98 87 Inventory 217 198 Notes payable 65 57 Total $ 427 $ 384 Total $ 206 $ 186 Calculate Ramakrishnan, Inc.’s current ratio for 2018 and 2017. (Round your answers to...
The top part of Ramakrishnan, Inc.’s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020 2021 2020 Current assets: Current liabilities: Cash and marketable securities $ 52 $ 43 Accrued wages and taxes $ 41 $ 40 Accounts receivable 152 137 Accounts payable 96 85 Inventory 215 196 Notes payable 67 59 Total $ 419 $ 376 Total $ 204 $ 184 Calculate Ramakrishnan, Inc.’s current ratio for 2021 and 2020 Calculate Ramakrishnan, Inc.’s quick...
Ramakrishnan, Inc. reported 2018 net income of $55 million and depreciation of $3,050,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars) $ 60 $ 19 $ 34 28 Current assets Cash and marketable securities Accounts receivable Inventory Total Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 195 138 $234 Calculate the 2018 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not...
The top part of Rammy's Inc.'s 2018 balance sheet is listed as follows (in millions of dollars). Current assets: Current liabilities: Cash and marketable securities $ 5 Accrued wages and taxes $ 6 Accounts receivable 15 Accounts payable 10 Inventory 95 Notes payable 50 Total $ 115 Total $ 66 What are Mars, Inc.'s current ratio, quick ratio, and cash ratio for 2018? Multiple Choice 19.16667, 3.33333, 0.83333 1.43939, 0.30303, 0.07576 7.1875, 1.25, 0.3125 1.74242, 0.30303, 0.07576
Ramakrishnan, Inc., reported 2021 net income of $25 million and depreciation of $3,600,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is reproduced below (in millions of dollars): 2021 2020 2021 2020 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 30 98 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 29 95 150 $274 180 $ 43 $ 38 8375 - 75 -70 $201 $183 $308 Calculate the 2021 net...
Assets 2014 SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 24,600 Accounts payable $ 23,684 15,700 Notes payable 14,000 27,600 Other 12,071 2015 Current assets Cash Accounts receivable Inventory $ 24,096 12,948 26,242 $ 27,600 11,300 18,100 Total $ 63,286 $ 67,900 Total $ 49,755 $ 57,000 $ 74,000 $ 82,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 48,000 221,226 $ 48,000 242,000 Fixed assets...
Ramakrishnan, Inc. reported 2018 net income of $15 million and depreciation of $2,650,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 Current assets: Cash and marketable Securities Current liabilities: Accounts receivable Accrued wages and taxes $ 10 $ 18 Inventory Accounts payable Notes payable Total Total $123 Calculate the 2018 net cash flow from operating activities for Romakuishnan, Inc. (Enter your answer in dollars not in millions.) Net...
Ramakrishnan, Inc. reported 2018 net income of $20 million and
depreciation of $3,550,000. Ramakrishnan, Inc.’s 2018 and 2017
balance sheets is listed below.
What is the 20108 net cash flow from operating activities?
Net cash value (in dollars not millions)?
2018 2017 2018 2017 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 25 100 170 $295 $ 28 94 148 $270 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 44 76 70 $190...