How much cash and markatable securities

Assignment Help Business Economics
Reference no: EM13978773

How much cash and markatable securities does Gray Computer Co. have if the firm has a current ratio of 2.5, a quick ratio of 1.2, and current liabilities of $12,000. Gray's credit sales are $98,000 and its average collection period is 40 days? (Assume 365 days per year).

Reference no: EM13978773

Questions Cloud

Calculate the accounting break-even point : We are evaluating a project that costs $837,000, has a thirteen-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 156,000 units per year. Price per unit is $35,..
Identify key attribute, business benefits of new technology : Prepare a report of 15 to 20 pages about the selected emerging technology and submit the report (Hard Copy and Soft Copy via blackboard) in the format specified. Report Submission will be in 12th week followed by presentation in the 13th Week. The..
Will fulltime and part-time employees be eligible for reward : Assume you are the new manager of a local company. In addition to demonstrating your managerial skills during the interview for the position, the Vice President of Human Resources (HR) was impressed with your positive and charismatic attitude. Will y..
How far is the third dark fringe from the central bright one : What is the distance between the fringes for monochromatic red light of wavelength 600 nm? how far is the third dark fringe from the central bright one?
How much cash and markatable securities : How much cash and markatable securities does Gray Computer Co. have if the firm has a current ratio of 2.5, a quick ratio of 1.2, and current liabilities of $12,000. Gray's credit sales are $98,000 and its average collection period is 40 days? (Assum..
What was the cash payment : Stepping Out has inventory purchases of $2,200 during the month of June. If June 1 accounts payable were $1,700 and June 30 accounts payable were $1,900, what was the cash payment?
What is the percentage of sales forecasting method : What is the percentage of sales forecasting method? What are some of the limitations financial analysts should be aware of in applying this method?
Let v be a vector space with dimension n : Let V be a vector space with dimension n > 0. If i is an integer such that 0 % i % n, prove that V contains at least one subspace U such that dim (U) = i.
What was the total cost to firm of issuing the securities : Suppose that a biotech firm in Pittsburgh raised $113 million in an IPO. The firm received $23 per share, and the stock sold to the public for $25 per share. The firm’s legal fees, SEC registration fees, and other out-of-pocket costs were $657,500. T..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Equilibrium price and quantity of apartment rentals

What is the equilibrium price and quantity of apartment rentals in Lafayette? Suppose the government imposes a price ceiling of $150. What is the impact on the equilibrium outcome? Does this price ceiling necessarily increase consumer surplus? Explai..

  What is the price of gasoline for this analysis

If you drive 20,000 miles per year and the price of gasoline for this analysis is assumed to be $4.00 per gallon, which model should you purchase?

  Deposited the money into the account

Suppose you will receive $100 in six months and have access to an account that earns 1/2% per month. If you deposited the money into the account how much would you have 18 months from now?

  Playing the stock market is like gambling

Critically evaluate the following statement: Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.

  Industries can increase the volume of goods or services

All Industries can increase the volume of goods or services sold by cutting prices.

  Production function-labour-days with rental rate on machine

Primo Salt, Inc., manufactures salt, according to the following production function: Q(K, L) = 2L 1/2K 1/3 , where output Q is measured in tonnes, L in labour-days, and K in machine-days. Give the wage rate w (in $/labour-day), the number of machine-..

  Q1 suppose demand function for good x is estimated to be qx

q1. suppose demand function for good x is estimated to be qx 8000 - 400px 200py 0.5inbspi average income px price

  Beneficiary of primary market for windows operating system

What is the biggest beneficiary of the primary market (of the multi-sided network effects) for the Windows Operating System?

  How human interactions in your community have been realized

In your paper, write your first-person account of how human interactions in your community have been realized.

  Market will respond to the new product

Explain how the market will respond to the new product. If demand is high, then it's worthwhile to make the extra investment for special facilities also equipment needed to produce the component internally.

  Explain how many brownies - espressos will sharifah consume

Using the method of Lagrange multipliers to derive Sharifah's demand for brownies and espressos. Explain how many brownies and espressos will Sharifah consume.

  Solve for the reduced-form equations of this model

Can these equations be reliably estimated using OLS? Explain. Solve for the reduced-form equations of this model.

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