User Account

All Pages

Quick ratio formula

Assignment Help Accounting Basics
Reference no: EM13833758

Company: Starbucks

Data to be used:

https://www.nasdaq.com/symbol/sbux/financials?query=ratios

What is needed?

The appendix containing a list and calculations of the ratios. A list of the calculations shown with formulas and the resulting answer.

On the Nasdaq link we have 3 key ratio indicators which need to be there: Current ratio, cash ratio, quick ratio. Only that is required along with other data in the appendix.

I have tried quick ratio as below. Not sure how do I put everything in the appendix

Quick Ratio formula used
2013 = 3,233.8 (total cash and short term investments) + 561.4 (accounts receivable)
Divided by
/ 5,377.3 (2013 current liabilities)
= .705 (.71)

2014 = 1,843.8 (total cash and short term investments) + 631 (accounts receivable)
Divided by:
3038.7 (2014 current liabilities)
= .814 (.81)

Reference no: EM13833758

Questions Cloud

What is the estimated market value per share : (Common stock valuation, constant growth) You’ve discovered a company that is expected to pay $2.25 dividend at the end of this year.  The dividend is expected to grow forever at a constant rate of 4% a year. The required rate of return for this stoc..
Write essay about dialogue in constructivist science class : Write an essay about Dialogue in the Constructivist Science Classroom. Dialogue is an excellent example of a pedagogical approach that is able to accommodate the needs of science teaching and learning.
What selling price per unit is necessary to achieve : Question 1 (Break-even point and selling price) Parks Casting Inc. will manufacture and sell 210,000 units next year. Fixed costs will total $300,000 and variable costs will be 50 percent of sales.a.       The firm wants to achieve a level of earning..
Which of these mixtures are heterogenous : Which of these mixtures are heterogenous
Quick ratio formula : The appendix containing a list and calculations of the ratios. A list of the calculations shown with formulas and the resulting answer.
What is the ploidy of the dna at the end of meiosis : What is the ploidy of the DNA at the end of meiosis I? What about at the end of meiosis II - How are meiosis I and meiosis II different - Why do you use non-sister chromatids to demonstrate crossing over?
Identify url of the website and your assigned business model : Identify the URL of the website and your assigned business model/category in the first part of the report. Describe the website structure and the purpose of each element (include snapshots and diagrams where appropriate).
What position should the company take : [Hedge Equity Portfolio]It is July 16. A company has a portfolio of stocks worth $12 million. The beta of theportfolio is 1.5. The company would like to use the CME December futures contract onthe S&P 500 to change the beta of the portfolio to 1.2 du..
When an offeree uses a nonauthorized means of acceptance : Which of the following under the UCC is true about the way to communicate acceptance? A) any means deemed reasonable by the court in light of the circumstances is an authorized way of acceptance B) a means slower and safer than the way the offer was ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of projected assets what is the amount

small motors inc which is currently operating at full capacity has sales of 29000 current assets of 1600 current

  Costs associated with two alternatives code-named q and r

costs associated with two alternatives code-named q and r being considered by albiston corporation are listed below

  Dillards inc operates 315 department stores located in 29

dillards inc. operates 315 department stores located in 29 states primarily in the southwest southeast and midwest. in

  Budgeted direct labor cost for the month

Margo's ending finished goods inventory is budgeted to be 20% of the following month's sales. How much was Margo's budgeted direct labor cost for the month of August, assuming that the hourly wage rate is $15.00

  Evaluate the strengths and weaknesses of smith''s reasons

Jessica Boland works for Sea Biscuit Co. She and Farah Smith, her manager, are preparing adjusting entries for annual financial statements. Boland computes depreciation and records it as: How should depreciation be recorded? Do you support Boland o..

  A department adds raw materials to a process at the

a department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly

  How much tax can be saved if john shifts 1900 of income to

how much tax can be saved if john shifts 1900 of income to his 18 year old dependent son? john is in the 25 percent tax

  What exactly is treasury stock

What are the advantages of acquiring the majority of the voting shares of another company rather than acquiring all of its voting stock?

  Gross method to account for sales discounts

Journalize the following transactions for the seller, Mitchell Company, using the gross method to account for sales discounts. Assume a perpetual inventory system. Make sure to enter the day for each separate transaction.

  A ten-year bond with par value equals 1000 pays 7 annually

a ten-year bond with par value equals 1000 pays 7 annually. if similar bonds are currently yielding 6 annually what is

  A city acquired general capital assets

A City acquired general capital assets

  During 2013 ted and judy a married couple decided to sell

during 2013 ted and judy a married couple decided to sell their residence which had a basis of 300000. they had owned

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