User Account

All Pages

How much is charle current ratio

Assignment Help Accounting Basics
Reference no: EM132631225

Question - A partial list shows that Charles Corporation's adjusted trial balance included the following items (all account balances are normal):

Accounts payable $48,500, Accounts receivable $54,000, Capital stock $100,000, Cash $56,000, Dividends $10,000, Interest expense $4,000, Interest payable $3,200, Inventory $32,000, Prepaid expenses $4,200, Property, plant & equipment $123,000, Retained earnings $46,000, Rent expense $18,000, Revenues $101,000, and Salary expense $60,000. How much is Charle's current ratio? (Round your answer to two decimal places.)

Reference no: EM132631225

Questions Cloud

Identify the trade-restraining practice : Identify the trade-restraining practice that this example demonstrates.
Make statement of financial position for moose shoolengela : Prepare statement of financial position for The Moose Shoolengela at 31 March 2016. The accounting equation is Assets=capital +liabilities
Researching the organization to understand the challenges : This project requires you to write at 3-5 page APA formatted research paper. The focus is on an organization that you choose which has leveraged Cloud.
State the meaning of diplomatic : State the meaning of diplomatic and give at least four examples to demonstrate how an auditor could be diplomatic
How much is charle current ratio : Retained earnings $46,000, Rent expense $18,000, Revenues $101,000, and Salary expense $60,000. How much is Charle's current ratio
Post substantive comments on the threads : Select AT LEAST 3 other students' threads and post substantive comments on those threads. Your comments should extend the conversation started with the thread.
What is the most effective learning theory : a. How does increased Emotional dissonance affect one's personality?
Record the General Journal entry on September : Record the General Journal entry on September 10 for the employer's contributions to CPP, EI, and the health plan
Which qualitative characteristic at risk of not being adhere : Indicate which qualitative characteristic is at risk of not being adhered to and also indicate the respective group in which it is classified.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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