For this weeks discussion assignment look at the balance

Assignment Help Accounting Basics
Reference no: EM13585390

For this week's discussion assignment look at the balance sheet of the company you chose in Week 1 (General Motors). Calculate the current ratio, quick ratio, and debt to equity ratio for your company. Post the information for at least two years. There may be information posted for more years in the financial summary of the company. How does your company perform with respect to these ratios?

GM General Motors

2013

2012

2011

2010









Current Ratio=

Current Assets







Current Liabilitities


































Quick Ratio=

Quick Assests







Current Liabilities


































Debt to Equity Ratio=

Total Liabilities







Shareholders' equity












Reference no: EM13585390

Questions Cloud

The lifetime of zzz batteries is normally distributed with : the lifetime of zzz batteries is normally distributed with a mean of 270 hours and a standard deviation of 10 hours.
Scratch miniature golf and driving range inc was opened on : scratch miniature golf and driving range inc. was opened on march 1 by scott verplank. the following selected events
On computer perform a web search for nutrition-related : nutrition information critiquedirectionswrite an essay critiquing information from nutrition-related websites.on
A population has u100 and sigma20 if you select a single : a population has u100 and sigma20. if you select a single score from this populaton on the average how close woud it be
For this weeks discussion assignment look at the balance : for this weeks discussion assignment look at the balance sheet of the company you chose in week 1 general motors.
Palmer inc has a net operating loss carryforward of 100000 : palmer inc. has a net operating loss carryforward of 100000. if palmer continues its business with no changes it will
Analyze and interpret the process behavior charts of : 1 analyze and interpret the process behavior charts of selected quarterly earnings data of southwest airlines between
Nonexchange expenditures are the mirror image of : nonexchange expenditures are the mirror image of nonexchange revenues. a state government provided several grants to
Why do the balance sheets of agency funds contain only : why do the balance sheets of agency funds contain only assets and liabilities but no fund balances? why is it often

Reviews

Write a Review

Accounting Basics Questions & Answers

  Make the necessary journal entry or entries to record the

securitytypeclassificationcost including brokers

  What is the fasb codification system what is the purpose of

what is the fasb codification system? what is the purpose of the fasb codification system? how can it be used to make

  Firm willingness to pay dividends

A decrease in a firm's willingness to pay dividends is likely to result from an increase in its:

  Develop a gantt chart- costs of a level production strategy

Develop a Gantt chart to determine the total time required to process all six jobs. Determine the costs of a level production strategy for the next six months, with an ending inventory of 8,000 pounds.

  Accounting principle problem

Genesis Corporation is now in its 30th year of business. The founder of company is planning to retire at the end of year and turn the business over to his daughter.

  On january 1 2012 water world issues 44 million of 10 bonds

on january 1 2012 water world issues 44 million of 10 bonds due in 8 years with interest payable semiannually on june

  The year-end balances in the related pension accounts

E20-7B (Basic Pension Worksheet) The following defined pension data of Eagle Homes Corporation apply to the year 2014

  Compute the piecework earnings

during the first week in November, Erin Mills worked 451/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit.

  Explain to gary voss why bbg corps net income decreased in

bbg corp is a manufacturer of a synthetic chemical. gary voss president of the company has been eager to get the

  Debate how this affects the accounting profession as a whole

The IRS allows CPAs, lawyers, and Enrolled Agents (EA) to prepare taxes for compensation. Debate how this affects the accounting profession as a whole, and how you think this change will impact the accuracy and cost of tax preparation.

  The federal reserve refused to act as lender of last resort

The Federal Reserve refused to act as lender of last resort during the last crisis because Bernanke believed that bank executives had ripped off society. In addtion Bernanke feared the long term affects of moral hazard.

  Lucky products markets two computer games predator and

exercise 5-10 compute the break-even point for a multiproduct company lo9lucky products markets two computer games

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