Beakman, Inc has net working capital of $1,700, current liabilities of $4,100, and inventory of $2,900. What is the current ratio?
Beakman, Inc has net working capital of $1,700, current
liabilities of $4,100, and inventory of $2,900. What is the current
ratio? What is the quick ratio? (10 Points)
Calculating Liquidity Ratios SDJ, Inc., has
net working capital of $1,965, current liabilities of $5,460, and
inventory of $2,170. What is the current ratio? What is the quick
ratio?Net Working Capital$ 1,965.00Current Liabilities$ 5,460.00Inventory$ 2,170.00Current RatioQuick Ratio03.04 Calculating Inventory Turnover Bobaflex
Corporation has ending inventory of $527,156 and cost of goods sold
for the year just ended was $8,543,132. What is the inventory
turnover? The days’ sales in inventory? How long on average did a
unit of inventory sit on...
SDJ, Inc., has net working capital of $1,960, current
liabilities of $5,590, and inventory of $1,260.
A. what is the current ratio?
B. what is the quick ratio?
1.
Holmes Inc. has a quick ratio of 0.70, current liabilities of
$21,500, net working capital of $1200, and sales of $14,500. How
much does it have in inventory?
2.
Watson Co. has net income of $235,000, a return on assets of 12.5%,
and a debt-equity ratio of 0.52. What is its return on equity?
3.
Lestrade Plc. has net income of $16,000 and a profit margin of 8%.
It also had costs (including depreciation) of $154,000 and a tax...
A catering firm has current liabilities of $6,630, net working
capital of $2,180, inventory of $2,750, and sales of $36,800. What
is the current ratio?
Water Works, Inc. has a current ratio of 1.33, current
liabilities of $540,000, and inventory of $400,000. What is Water
Works, Inc.'s quick ratio?
a
1.11
b
0.86
c
1.90
d
0.59
Weston Distributions has current sales of $1,400,000, current
liabilities of $186,000, and net working capital of $88,000. The
projected sales for next year are $1,540,000. All net working
capital accounts change directly with sales. What is the projected
value of current assets for next year?
$292,600
$314,800
$273,200
$286,600
$301,400
Mandesa, Inc., has current liabilities of $9,100,000, current
ratio of 1.8 times, inventory turnover of 10 times, average
collection period of 30 days, and credit sales of $63,999,999.
Calculate the value of cash and marketable securities.
(Use 365 days a year. Round your intermediate calculations
and final answer to the nearest dollar amount.)
Cash and marketable
securities
$
The major difference between the current ratio and net working
capital is?
a.
Interpretation of the current ratio does not depend on the
firm's industry.
b.
The current ratio is more stable throughout the year.
c.
They are calculated using different variables
d.
Interpretation of the current ratio does not depend on firm
size.
Working capital: Mukhopadhya Network Associates has a current
ratio of 1.60, where the current ratio is defined as follows:
Current ratio = Current assets/Current liabilities. The firm's
current assets are equal to $1,233,265, its accounts payables are
$419,357, and its notes payables are $351,663. Its inventory is
currently at $721,599. The company plans to raise funds in the
short-term debt market and invest the entire amount in additional
inventory. How much can note payable increase without the current
ratio falling...
?5
Which one of the following will decrease net working capital?
Assume the current ratio is greater than 1.0.
Multiple Choice
A.Selling inventory at cost
B. Collecting payment from a customer
C.Paying a dividend to shareholders
D.Selling a fixed asset for less than book value
E. Paying a supplier for prior purchases