If a firm has P60,000 Accounts receivable, P50,000 in cash, P20,000 allowance for bad debts and...

   

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If a firm has P60,000 Accounts receivable, P50,000 in cash, P20,000 allowance for bad debts and P40,000 current liabilities, what is the firm's quick ratio? .On January 23, 2002, a man borrowed P15,000 and promised to pay the principal and interest at 9% compounded semiannually on October 23, 2007. How much will he pay? (Rounded up to 4 decimal places) (4 Points) If a firm has P20,000 Accounts receivable, P40,000 in cash, P10,000 inventory and P20,000 equity, what is the firm's equity ratio? How much final amount would Ms. Edna receive if she invests P75,000 for 3 years at 7 %% simple interest? Present below are the financial information of Alpha Corporation Year Ended December 31 2019 10,000 30,000 50,000 90,000 340,000 70,000 20,000 270,000 Cash Marketable securities Accounts receivable, end Inventories Land and building, net Notes payable, trade Accounts payable, trade Mortgage payable 2020 80,000 10.000 150,000 150,000 360,000 110,000 40,000 280,000 Year Ended December 31 2019 1,800,000 500,000 1,000,000 Cash Sales Credit Sales Cost of Sales What is the current ratio as of December 31, 2019? 2020 1,600,000 800.000 1,400,000 If a firm has P60,000 Accounts receivable, P50,000 in cash, P20,000 allowance for bad debts and P40,000 current liabilities, what is the firm's quick ratio? .On January 23, 2002, a man borrowed P15,000 and promised to pay the principal and interest at 9% compounded semiannually on October 23, 2007. How much will he pay? (Rounded up to 4 decimal places) (4 Points) If a firm has P20,000 Accounts receivable, P40,000 in cash, P10,000 inventory and P20,000 equity, what is the firm's equity ratio? How much final amount would Ms. Edna receive if she invests P75,000 for 3 years at 7 %% simple interest? Present below are the financial information of Alpha Corporation Year Ended December 31 2019 10,000 30,000 50,000 90,000 340,000 70,000 20,000 270,000 Cash Marketable securities Accounts receivable, end Inventories Land and building, net Notes payable, trade Accounts payable, trade Mortgage payable 2020 80,000 10.000 150,000 150,000 360,000 110,000 40,000 280,000 Year Ended December 31 2019 1,800,000 500,000 1,000,000 Cash Sales Credit Sales Cost of Sales What is the current ratio as of December 31, 2019? 2020 1,600,000 800.000 1,400,000

Answer rating: 100% (QA)

1 To calculate the quick ratio we use the formula Quick Ratio Current Asset excluding inventories Current Liabilities Current Asset Account Receivable ... View the full answer