Calculate the company current ratio

Assignment Help Accounting Basics
Reference no: EM132125883

Question - Brankov Company has current assets of $ 95000 and current liabilities of $110,000. The company decides to issue stock and receives cash of $100,000. After this transaction, the company's current ratio will be: (Round your final answer to two decimal places.)

A. 1.86

B. 0.86

C. 1.77

D. 0.91

Reference no: EM132125883

Questions Cloud

What amount should be reported as cash : Kingbird Enterprises owns the following assets at December 31, 2017. What amount should be reported as cash
Describe your selected psychologist : Summarize the contributions of the influential figure you selected to the field of psychology. In your discussion, include the following.
Analysis of your doctors business operation : Describe what you intend to do and how you will approach the task - you are in a unique position to offer an analysis of your doctor's business operation
What are some potential benefit of managing the supply chain : What are the key factors that help an organization decide what type of framework they should use to develop the supply chain?
Calculate the company current ratio : The company decides to issue stock and receives cash of $100,000. After this transaction, the company's current ratio will be
Develop an understanding about the life cycle : Develop a creative, engaging, educational handout that students can use to prepare for the quiz.
Relationship in neurotransmitter and anatomic features : Other topics may be considered but require prior approval by the instructor. However, addiction is not the emphasis of the course.
Question - make an adjusting journal entries : Question - Make an Adjusting Journal Entries. At December 31, the Long-Term Investments had a fair value of $180,190
How will you implement this source of financing : Why did you choose this source of financing? How, and why, does it fit in your plan for your startup?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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