Firm O has a current ratio of 3.5 and current liabilities of $56,000. Required: Calculate Firm Os
Question:
Firm O has a current ratio of 3.5 and current liabilities of $56,000.
Required:
Calculate Firm O’s current assets and working capital.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
56000 current liabilities 3...View the full answer
Answered By
Ankit Mahajan
I am an electrical engineering graduate from Thapar institute of engineering and technology.
Qualified exams - GATE 2019,2020.
CAT EXAM 2021- 91.4 percentile
SSC EXAMS- 2019,2020,2021
AFCAT EXAM- 2019,2020,2021
I want to share my knowledge with other people so that they can achieve the same.
I have strong hold Mathematics, Electrical engineering and all the subjects related.
Just give me a problem and I will give you the solution of it.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Ahi Co. has a current ratio of 3 to 1. Ono Corp. has a current ratio of 2 to 1. Does this mean that Ahi's operating cycle is longer than Ono's? Why?
-
A company has a current ratio of 1.25 but an acid-test (or quick) ratio of only 0.65. How can this difference in the two ratios be explained? What concerns might you have about this company?
-
Firm N has a current ratio of 2.6 and current assets of $150,800. Required: Calculate Firm N's current liabilities and working capital.
-
In programming challenge 8 of chapter 3, you created an application that converts celsius temperatures to fahrenheit. recall that the formula for performing this conversion isf = 1.8 * c + 32in the...
-
Is it possible to convert a present value of an ordinary annuity table to the present value of an annuity due table? Explain.
-
The distance (in kilometers) and price (in dollars) for one-way airline tickets from San Francisco to several cities are shown in the table. a. Find the correlation coefficient for this data using a...
-
Gold-on-gold nuclear collisions at the Relativistic Heavy Ion Collider (RHIC) at the Brookhaven National Laboratory create a quark-gluon plasma with an energy density of about \(4 \mathrm{GeV} /...
-
Capital budgeting with uneven cash flows, no income taxes. Southern Cola is considering the purchase of a special-purpose bottling machine for $23,000. It is expected to have a useful life of 4 years...
-
1. Consider the recursive method whose definition appears below. public static String mysteryString (String s) { if (s.length()==1) else return s; } return s.substring (s.length()-1) + mysteryString...
-
In how many ways can 10 (identical) dimes be distributed among five children if (a) There are no restrictions? (b) Each child gets at least one dime? (c) The oldest child gets at least two dimes?
-
Firm P has accounts receivable of $19,000, cash of $11,000, property, plant, and equipment of $310,000, merchandise inventory of $26,000, accounts payable of $24,000, other accrued liabilities of...
-
Firm N has a current ratio of 2.6 and current assets of $169,000. Required: Calculate Firm Ns current liabilities and working capital.
-
With all the changes occurring at the Times, do you think the systems approach to management is applicable to this organization? Why or why not?
-
A cable is lifting a construction worker and a crate as shown in the drawing. The weights of the worker and the crate are 965N and 1510N respectively. The acceleration of the cable is 0.620 m/sec,...
-
Company A has the following data: Prime costs are 180% of direct materials costs. DM costs for year 20xx are $ 100,000. The company had estimated the overhead costs to be $400,000 and the estimated...
-
The Commonwealth establishes the Renewable Electricity Supply Commission ('the Commission'), in order to address the issues facing the National Electricity Market (the NEM) as more and more renewable...
-
Summer Sports, Inc. sells two types of tracksuits, the Casual model and the Professional model. The following segmented contribution margin statement shows the results of the most recent period....
-
Using the AICPA Code of Professional Conduct Links to an external site. describe how this was either applied, misapplied, or completely ignored. Using the COSO Internal ControlIntegrated Framework...
-
A mechanical system is shown in Figure P2.17, which is subjected to a known displacement x3(t) with respect to the reference, (a) Determine the two independent equations of motion. (b) Obtain the...
-
What kind of rays are X-rays?
-
Tablerock Corp. is interested in reviewing its method of evaluating capital expenditure proposals using the accounting rate of return method. A recent proposal involved a $100,000 investment in a...
-
Each gallon of Old Guard, a popular aftershave lotion, requires two ounces of ocean scent. Budgeted production of Old Guard for the first three quarters of 2019 is as follows: Quarter I ................
-
SureLock Manufacturing Co. makes and sells several models of locks. The cost records for the ZForce lock show that manufacturing costs total $23.25 per lock. An analysis of this amount indicates that...
-
The function l(s)=0.046s^(2)-.199s+.264 . If a skid mark with a length of 82.5ft was found, find the speed of the car. Round your answer to the nearest tenth.
-
A light is hung 15 ft above a straight horizontal path. If a man 6 feet tall is walking away from the light at the rate of 5 f(t)/(s), how fast is his shadow lengthening?
-
The right to buy or sell a stock at a predetermined price during a specified period of time is called Blank______. Multiple choice question. buying long selling short buying short option Need help?...
Study smarter with the SolutionInn App