Alculate amount of current assets and current liabilities

Assignment Help Finance Basics
Reference no: EM13852452

1) Calculate the amount of current assets and current liabilities from the following: a) Current Ratio: 2.5:1, Working capital: ?60,000 b) Gross Profit : ?1,00,000, Total sales: ?5,25,000, Sales returns: ?25,000.Calculate Gross profit ratio.

2) X Ltd. Has liquid ratio of 1.5:1. Its stock is ?60,000 and its current liabilities are ?1,20,000. Calculate the current ratio.

Reference no: EM13852452

Questions Cloud

Calculate the first ten years of the income statement : Your Qualified Loan: 70% LTV, 6.5% Interest Rate, 20 years, 10 year balloon, DCR = 1.4. Calculate the first ten years of the income statement through the ATCF.
What income tax payments did 2014 liquidation cost supervalu : What additional income tax payments did the 2014 liquidation cost SUPERVALU? Assume an income tax of 40%.
Compute the expected new net income : Given the increased incentive, they expect net sales to increase by 15%. As a result, they estimate that gross profit will increase by $52,576 and expenses by $76,180. Compute the expected new net income. Then, compute the revised profit margin an..
Compute the equity method balance in patricks investment : Formulate your solution so that Shawns gross profit rate on sales to Patrick is treated as a variable - Create an Excel spreadsheet.
Alculate amount of current assets and current liabilities : Calculate the amount of current assets and current liabilities from the following: a) Current Ratio: 2.5:1, Working capital: ?60,000 b) Gross Profit : ?1,00,000, Total sales: ?5,25,000, Sales returns: ?25,000.Calculate Gross profit ratio.
Specific products in the process : What amount of costs should be traced to specific products in the process?
What is npv of plane b on a ten-year equivalent life basis : What is the NPV of plane B on a ten-year equivalent life basis? $27,047,879 $8,143,286 $9,255,576 $21,595,356 $12,677,537.
What are the ethics of the alternatives : What are the ethical issues - who are the primary stakeholders and what are the possible alternatives - What are the ethics of the alternatives?
Breakdown of the tons delivered : The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was purchased for a cost of $120,000 at the beginning of the year was expected to deliver 200,000 tons over its useful life..

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the quick ratio

SDJ, Inc has a net working capital of $1,370, current liabilities of $3,720, and inventory of $1,950. What is the current ratio? What is the Quick ratio?

  What is your best estimate of cdbs cost of equity

Stock in CDB Industries has a beta of .92. The market risk premium is 7.2 percent, and T-bills are currently yielding 4.2 percent. CDB's most recent dividend was $2.10 per share, and dividends are expected to grow at a 5.2 percent annual rate inde..

  Evaluate goodmans and landrys betas as slopes of regression

the goodman industries and landry incorporateds stock prices and dividends along with the marketindex are shown below.

  What is the current stock price of abc

Firm ABC currently trades at 15 times next year's EPS estimate of $1.50. Historically the stock has traded in a range of 16x to 22x forward EPS. What is the current stock price of ABC, and is the stock price over-valued, under-valued or fairly val..

  Paula company wants to acquire david company relevant data

paula company wants to acquire david company. relevant data followpauladavidnet income4000025000shares

  Asuming that oglesby industries is recapitalized

oglesby industries currently finances operations using a financial structure that is one hundred percent

  The following information applies to barnhart company

the following information applies to barnhart companyadditional informationnet credit sales 220000 beginning accounts

  What is the price of annual coupon payments

Company A has a bond with a par value of $1,000.00 and a coupon rate of 8%. It has a ten year maturity date with a yield to maturity of 6%. What is the price of annual coupon payments? Semi-annual? Quarterly? Monthly?

  Research entrepreneurism and small businesses

Using Bloomberg Businessweek B-School Connection resources, research entrepreneurism and small businesses, and create an executive business plan presentation of 15-20 slides that includes the following:

  Discuss the current structure of the banking industry

Discuss the current structure of the banking industry. Compare and contrast today's structure versus historical structures - Why has consolidation occurred and who will experience benefits and losses - customers, the institutions, etc.

  How would invention and technological improvement

Further, assume that natural resources are being rapidly depleted. What would happen to the Production Possibility Frontier over time. How would invention and technological improvement.

  What is the internal rate of return on each investment

a firm has two 1000 mutually exclusive investment alternatives with the following cash inflows. the cost of capital is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd