What would be the current ratio and acid test

Assignment Help Finance Basics
Reference no: EM13567802

Tahoulan Ltd Balance sheet extracts as at 31 December

 


2013

2014

Current assets

£

£

Stock

6,780

11,456

Debtors

8,760

10,988

Cash

3,455

5,311

 


18,995

27,755

Current liabilities

 

 


 


Creditors

13,200

11,322

What would be the Current Ratio and Acid test Ratio.

Reference no: EM13567802

Questions Cloud

Kads inc has spent 400000 on research to develop a new : kads inc. has spent 400000 on research to develop a new computer game. the firm is planning to spend 250000 on a
We will look at how a firm manages its trade receivables : we will look at how a firm manages its trade receivables and trade payables with the following extract from the
During the current year the harlow corporation which : during the current year the harlow corporation which specializes in commercial construction has the following property
Kay corporation 5-year bonds yield 620 and 5-year t-bond : kay corporation 5-year bonds yield 6.20 and 5-year t-bond yield 4.40. the real risk rate is r2.5 the inflation premium
What would be the current ratio and acid test : tahoulan ltd balance sheet extracts as at 31 decembernbsp20132014current
Nick and jolene are married nick is 61 and retired in 2011 : nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and
Describe the different types of interviews that can be used : describe the different types of interviews that can be used for employee selection. when would be an appropriate time
The company uses the percentage-of-completion method of : in 2013 the company entered into a contract to construct a road for a customer for 10000000. the road was completed in
You are a member of a chinese royal family in the third : please answer one question from part a and one question from part b.part a1.you are a member of a chinese royal family

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the eup for direct material

Compute the EUP for direct material, direct labor, and overhead using weighted average process costing.

  If the management team decides to make the shift from

if the management team decides to make the shift from catalogs to the web what recommendations can you make concerning

  What amount must you deposit each year

You want to have $78,000 in your savings account 12 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.80 percent interest, what amount must you deposit each year?

  Determine the relevant after-tax cash flows

Determine the relevant after-tax cash flows and prepare a cash flow schedule.

  Analysis and decision-making

To complete your Individual Assignment, do the following: Please answer the Individual Assignment in a single Word document ------------------------ Individual Assignment 1E: Final Project A recurring theme of this module has been the value of data t..

  How much would the government have to set aside now

The lump sum the government sets aside will also be invested at 6%, annual compounding.

  Which areas require further analysis and investigation

Which areas require further analysis and investigation?

  What are the costs of retained earnings and new common stock

The company currently pays a $2.10 cash divident and has a 6 percent growth rate. What are the costs of retained earnings and new common stock?

  Purpose of the income statement

Purpose of the income statement is to describe how income is determined with its important components reported as separate line items.

  You get the following quotes from different banks one bank

you get the following quotes from different banks. one bank is willing to buy or sell japanese yen at an exchange rate

  What happens to the riskiness of a portfolio if assets with

what happens to the riskiness of a portfolio if assets with very low correlations even negative correlations are

  What are the standard underwriting ratios or metrics

What are the standard underwriting ratios or metrics used for a conventional mortgage loan?

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